The European Commission’s proposed revision of the EU’s Emissions Trading System for aviation and implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) lays out the groundwork for the welcome phasing out of free allocation. However, it fails to uphold, let alone strengthen, carbon pricing for the aviation sector by prioritising the risky and ineffective implementation of CORSIA over a full-scope inclusion of flights under the EU ETS.
Emissions Trading System (ETS) Monitoring and Reporting Regulation amendment in response to the ETS revision
Carbon Market Watch gives specific feedback to rules considering a Monitoring, Reporting, and Verification (MRV) system for non-CO2 aviation effects, and deplores the serious weakening