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.