EU ETS expansion to non-CO2 aviation impacts feasible but faces complex flight path -analysis
Aviation’s non-CO2 climate effects could be priced under the EU’s carbon market, but doing so will require a fundamental rethink of how emissions are measured, verified, and translated into compliance obligations, according to new research.
Read MoreCanadian project financier reports break-even earnings in year-end financial results
A carbon project developer reported $0.2 mln in net income for 2025, while advancing credit issuance across its portfolio, with initial CORSIA-linked sales were completed by a project partner in early 2026.
Read MoreRussian airlines eyeing up domestic CORSIA credits following standard’s Phase 2 application
Russian carriers should be able to purchase carbon units for CORSIA use from domestic projects, a government minister said Wednesday, following the recent application of a national carbon standard for approval to supply Phase 2 of the international offsetting scheme.
Read MoreANALYSIS: From extreme scarcity to buyer uncertainty – is CORSIA’s greater challenge now demand?
After years with only one eligible supply source, credits approved for CORSIA use in its current phase have begun to steadily flow onto the market, reaching above 30 million earlier this year, but in light of an escalating war in the Middle East that has disrupted international air travel and jet fuel flows, as well as a lack of legislated penalties for non-compliance, some participants are now questioning whether the global aviation offsetting scheme has a growing demand problem.
Read MoreICAO receives 26 programme applications for CORSIA Phase 2 eligibility
Some 26 emissions unit programmes have applied for eligibility under ICAO’s international aviation offsetting scheme CORSIA for the 2027-29 compliance period, as the body opens a new assessment cycle.
Read MoreVCM REPORT: CORSIA ticks higher and airline retires large tranche of credits
CORSIA prices ticked higher last week, reflecting the market having found a wide trading range either side of $13, and there were signs that airlines are now readying to retire for compliance.
Read MoreUS airlines on the hook for $127 mln in 2024 CORSIA costs, but participation cloudy -report
US airlines could face a hefty bill for 2024 emissions under the CORSIA international aviation offsetting scheme, but it remains uncertain whether their participation will be enforced, according to a new analysis.
Read MoreICE announces launch of new CORSIA futures, options contracts
ICE Futures Europe will launch next month new futures and options contracts for the mandatory Phase 2 of UN aviation offsetting scheme CORSIA, it announced on Friday.
Read MoreFEATURE: Paraguay national J-REDD+ launch imminent, heavy reliance on CORSIA
A national jurisdictional REDD+ (J-REDD+) programme covering at least 480,000 hectares, with expansion potential to 3 million, is on the verge of being officially launched by the Paraguay government, which has told Carbon Pulse that its main target market is the international aviation offsetting scheme CORSIA and other international markets.
Read MoreICE to align CORSIA, nature-based credit futures calendar with compliance carbon market, shifting delivery windows
ICE Futures Europe has proposed changes to the trading calendar and delivery timelines for its CORSIA-eligible and nature-based carbon credit futures, in a move aimed at aligning the contracts more closely with established compliance market conventions.
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