Home > Industry News
> An ICAO deal that falls well short of carbon-neutral growth target will have no credibility

An ICAO deal that falls well short of carbon-neutral growth target will have no credibility

07/07/2016



ICAO’s triennial Assembly to agree on how to address the climate impact of international aviation is just two months away. States undertook in 2013 to develop a global measure that would cap annual aviation CO2 at 2020 levels. Largely reflecting industry concerns over cost, it was later agreed that this would be achieved by requiring airlines to purchase carbon offsets for all emissions above the 2020 baseline. Industry and the US argued strongly that a global deal was preferable to a so-called patchwork of measures, a reference to Europe’s first-of-its-kind emissions trading system (ETS). The EU was prevailed upon to drastically reduce the scope of the ETS to give ICAO and its parties time to sort out details of the global market-based measure (GMBM) before the forthcoming assembly. Regrettably, important details remain unresolved, potentially putting any credible and environmentally meaningful ICAO agreement at risk, argues Bill Hemmings. [...]

GreenAir Online

> Read the article Back to all Industry News