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ICAO Council approved detailed rules on global air fuel emissions system
The Council of the International Civil Aviation Organisation (ICAO) has approved key rules of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the global system for reducing aviation sector CO2 emissions, reports Keith Nuthall.
Member states have agreed how CORSIA’s global market-based measures (GMBM) will work, with airlines reducing buying emission permits from trading systems or funding carbon offset projects that reduce CO2 emissions elsewhere. Such purchases will reflect the amount of carbon airlines emit into the atmosphere, encouraging them to reduce their CO2 emissions to cut these costs. The rules agreed, which will be written into ICAO’s Chicago Convention on civil aviation, detail what must be done and by whom, with the first job being airlines collecting information on international aviation CO2 emissions from January 2019.
ICAO should approve other rules on the use of biofuels and credits to offset aviation emissions later this year.
News Item details
Journal title: Petroleum Review
Subjects: Emissions trading, Aviation, Emissions, Climate change, Carbon emissions
