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 Pacific, Aviation/CORSIA, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, South Korea, US  /  No Comments

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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