CORSIA: Hot air carbon credits cannot offset polluting planes
The first carbon credits issued under the UN’s CORSIA offsetting scheme will do nothing to bring down the aviation sector’s sky high emissions.
The first carbon credits issued under the UN’s CORSIA offsetting scheme will do nothing to bring down the aviation sector’s sky high emissions.
Here we explain the ins and outs of the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and why it is not fit to navigate airlines towards greener horizons.
A recent report by Carbon Market Watch of 20 global, EU, national and sub-national climate policy frameworks shows that not one governs carbon removals in an environmentally sound way.
A study commissioned by Carbon Market Watch and conducted by the Öko-Institut analysed the action or investments that eight major European airlines were taking outside their value chains. These include activities that supposedly avoid or reduce greenhouse gas emissions and those that remove and store greenhouse gases from the atmosphere. The eight selected airlines are …
Read more “Flights of Fancy: Preventing European airlines from making far-fetched climate claims”
A new analysis shows the expansion of the scope of the EU’s Emission Trading System (EU ETS) for aviation could bring several environmental and economic benefits without significantly increasing operating costs for airlines.
A study commissioned by Carbon Market Watch and Transport & Environment (T&E), and conducted by TAKS, analysed the emission reductions, costs and auctioning revenues generated by extending the scope of the Emission Trading System (ETS) for aviation. The three scenarios analysed are 1) the European Commission’s (EC) proposal as part of the Fit For 55 …
Read more “Expanding the EU’s carbon market for aviation: Study and Briefing”
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.
Airlines have been hit hard by the pandemic induced economic slowdown and travel restrictions, but are also using the situation as an excuse to lobby even harder against climate regulations. As the EU works on its aviation climate package, it must ensure that – like other transport modes – the sector pays for its pollution …
Read more “Airlines continue to push against climate policies as EU Commission proposes new rules”
This briefing gives an overview of the current discussions under Article 6 of the Paris Agreement which establishes the foundation for market-based climate measures after 2020. It lays out key lessons from the Kyoto Protocol markets, highlights essential issues within the Article 6 negotiations, and provides recommendations on how to solve them. It concludes with …
Read more “Carbon markets 101 – the ultimate guide to global offsetting mechanisms”
Scroll down for French and Spanish Interview with (Andrew Murphy – Manager, Aviation at NGO Transport & Environment) For decades the aviation industry has enjoyed favourable conditions to expand its operations throughout Europe with little consideration of their climate impact. At the start of 2020, few could have predicted that the sector’s carbon emissions would …