Americas > RGGI administrator distances carbon market from unauthorised CORSIA application

RGGI administrator distances carbon market from unauthorised CORSIA application

Published 15:41 on May 29, 2020  /  Last updated at 23:34 on May 29, 2020  /  Americas, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A third-party submission to qualify RGGI allowances and offsets for eligibility in the global aviation scheme CORSIA was not sanctioned by the Northeast US cap-and-trade programme and runs counter to existing regulations, the market administrator has told Carbon Pulse.

A third-party submission to qualify RGGI allowances and offsets for eligibility in the global aviation scheme CORSIA was not sanctioned by the Northeast US cap-and-trade programme and runs counter to existing regulations, the market administrator has told Carbon Pulse.

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