EU backs adjusted CORSIA baseline, dimming outlook for airline offset buying

Published 11:54 on June 9, 2020  /  Last updated at 13:03 on September 1, 2021  /  Aviation/CORSIA, EMEA, EU ETS  /  No Comments

EU nations on Tuesday decided to back a plan to modify the emissions baseline for the UN’s CORSIA international flight offsetting mechanism, teeing up a global decision this month that is expected to eliminate airlines’ carbon credit demand in the burgeoning market until the mid-2020s.

EU nations on Tuesday decided to back a plan to modify the emissions baseline for the UN’s CORSIA international flight offsetting mechanism, teeing up a global decision this month that is expected to eliminate airlines’ carbon credit demand in the burgeoning market until the mid-2020s.

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