Credit where credit is due? (Watch This! #6)

By Andrew Coiley, South Asia Project Coordinator, Carbon Market Watch New figures released by the European Union for its Emissions Trading Scheme (ETS), the world largest emissions trading platform show that quality standards are needed for airlines to stop investments in cheap offset credits that clearly lack environmental integrity. In recent years international aviation has …

Press Release: New data shows airlines favour industrial gas projects to offset emissions

Last week, the International Air Transport Association (IATA) called on the International Civil Aviation Organisation (ICAO) Assembly to agree on a global carbon offsetting scheme to take effect in 2020. Recent data by the European Commission reveals for the first time the choice of offsets used by airlines during the first compliance period in the European Emissions Trading Scheme (EU ETS). The data shows that in 2012 airlines favoured using offset credits from HFC-23 and N2O industrial gas destruction projects, credits meanwhile banned in the EU ETS. NGOs demand a limited access and strict quality restrictions for any future global offsetting mechanism under ICAO.

Press Statement: Airlines favour wrong choice to reduce emissions

Today, the International Air Transport Association (IATA) acknowledged the need for market-based measures to reduce the aviation sector’s contribution to climate change. This should be considered as part of a broader package of measures, including improvements in technology, operations and infrastructure. However, the airlines highlighted their preferences over a global carbon offsetting scheme compared to alternative schemes, such as cap-and-trade schemes.

Crunch-time for aviation emissions (Newsletter #3)

At this year’s ICAO Assembly in September 2013, Parties are supposed to agree on a Framework for market-based measures (MBMs) to address international aviation emissions and on the feasibility of a global MBM.  But countries are far from agreeing how such MBMs should look like. The current preferred option is to simply use offsets to …

Watch This! NGO Voices on Carbon Markets #5

Despite severely over-supplied carbon markets and lacking mitigation commitments, countries are currently developing additional carbon market schemes. At the same time, countries are contemplating what changes are needed to the underlying rules of the CDM. They are also negotiating REDD and other approaches to reduce emissions from international aviation. Throughout all these developments it is of utmost importance to take into account the lessons from the past. In order to achieve real benefits for climate and people, your voice on carbon markets will be important!