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ICAO aviation offset market talks yield little progress, seen backtracking on previous agreement

Published 00:47 on May 14, 2016 / Last updated at 10:24 on May 18, 2016 / / Americas, Asia, Asia Pacific, Aviation/CORSIA, Canada, China, EMEA, EMEA Compliance Markets & Taxes, EU ETS, Europe, International, Kyoto Mechanisms, Paris Article 6/PACM, South Korea, UN Climate Talks, US, US & Canada

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Three-day talks on a deal to launch a market-based offsetting mechanism for international aviation emissions from 2020 wrapped up in Montreal Friday without any firm progress, with some nations even appearing to backtrack on a previous agreement by proposing a ‘pilot' practice phase and a later start date.
Three-day talks on a deal to launch a market-based offsetting mechanism for international aviation emissions from 2020 wrapped up in Montreal Friday without any firm progress, with some nations even appearing to backtrack on a previous agreement by proposing a ‘pilot' practice phase and a later start date.


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