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If the UK government wants to make Heathrow’s controversial third runway a reality, it must bring cleaning reforms to the country’s air travel regulations, the airport’s chief executive said. Ta.
A few weeks after Prime Minister Rachel Reeves and Kiel threw weight behind the project, Thomas Waldy’s chief executive said the “risk” facing the runway was something the minister could deal with. .
“It’s a big project, there’s a lot of uncertainty and a lot of risk,” he told the Financial Times. He said the government should commit to reform the UK’s airspace to fit more planes and make changes to the regulatory model that sets landing fees for Heathrow before the project moves on.
“A lot of this aspect calls them building blocks. … He needs to be delivered by the government,” he said.
“I think it’s a shared project now,” he added. “I heard the minister say (they) have all their weight behind it. We’ll put all our weight behind it. And I’ll deliver it with these two. I think we can do that.”
Heathrow executives have also personally suggested clarifying how government planning reforms can smooth out the way, including minimizing potential delays from judicial reviews.
Woldbye said the airport will offer a “suggestion” for a third runway to the government by summer. He said it would estimate and estimate how much the project will cost. Because of inflation.
On Wednesday, Heathrow announced plans for a “phased” expansion – starting with a multi-billion pound upgrade, narrowing more passengers to existing sites – to try to build a third runway later I tried to do that.
Woldbye says he is confident in the government’s strong support for the project after last month when Reeves called on the airport to promote its long-standing third runway to boost economic growth. Ta.
Heathrow says the project will be funded personally, but it says shareholders hope to recover their investment through airport landing fees.
The current model has been set up by the Civil Aviation Administration for five years, but Heathrow executives believe a much longer settlement will be needed to cover the costs of the third runway.
These attempts to significantly increase landing fees are resisted by Heathrow airlines, which have been rubbing for a long time at high airport fares.
“Heathrow is already the most expensive airport in the world, and today’s announcement does not indicate where passengers see their money’s worth,” the airport’s airline said in a statement Wednesday.
The Heathrow boss was speaking at the Scunthorpe factory in British Steel. So we promised to upgrade the airport and use “as much British steel as possible” on the third runway.
However, separately on Wednesday it was argued that if the steel industry pushes up the greenhouse gas emissions price, the steel industry would pay its financial price in the long term for Heathrow expansion.
The UK carbon pricing system requires electricity producers and some heavy industries to purchase permits that grant the right to release one tonne of Co2.
When emissions rise from one sector, such as flight, permit prices for other sectors increase, reducing the overall national emissions and staying within the overall “carbon budget.”
Alex Chapman, a senior economist at the New Economics Foundation, who opposes the expansion of the airport, said the significant growth in flight could boost permit prices for other industries such as steel, chemicals and manufacturing.
“Other sectors will lose whether aviation is spending its carbon budget,” he told the Common Transport Select committee’s home on Wednesday.
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UK Steel’s Energy Director Frank Ascoff said it was logical to assume that the aviation sector had expanded if the aviation sector “has an upward impact on prices due to a limited pool of allowances.” He told the committee that it was targeted.
Experts say how much impact on other sectors is ultimately included in the UK carbon permit system (now excludes long-haul flights) in the aviation industry, and the third He said it will depend on the country’s carbon market structure by the time the runway is running. Finished.
Ruth Cadbury, Labour Chair of the Transport Select Committee, told FT:
According to current UK carbon guidance, “If emissions increase in one sector, the UK must achieve a corresponding fall in another sector.”
