EU seen backing CORSIA baseline changes, sinking prospects for airline offset buying

Published 21:19 on May 26, 2020  /  Last updated at 21:19 on May 26, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

EU nations are expected to side with European Commission proposals to modify the emissions baseline for the UN’s CORSIA international flight offsetting mechanism this week, even as the bloc's executive expects the changes to eliminate airlines’ buying requirements until the mid-2020s.

EU nations are expected to side with a European Commission proposal to modify the emissions baseline for the UN’s CORSIA international flight offsetting mechanism this week, even as the bloc’s executive expects the changes to eliminate airlines’ carbon credit demand until the mid-2020s.

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