Aviation emissions: EU confirms its participation in the CORSIA voluntary phase from 2021 and chooses more ambitious option to calculate its offsetting requirements

The EU will take part in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from the start of its voluntary phase on 1 January 2021.

Metadata
Provider: 
ECEC
URL: 
http://www.consilium.europa.eu/en/press/press-releases/2020/06/25/aviation-emissions-eu-confirms-its-participation-in-the-corsia-voluntary-phase-from-2021-and-chooses-more-ambitious-option-to-calculatโ€ฆhttp://www.consilium.europa.eu/en/press/press-releases/2020/06/25/aviation-emissions-eu-confirms-its-participation-in-the-corsia-voluntary-phase-from-2021-and-chooses-more-ambitious-option-to-calculatโ€ฆ
Retrieved on: 
Friday, June 26, 2020
Information
Tags: 
Carbon finance, Greenhouse gas emissions, Emissions trading, Aviation and the environment, Carbon Offsetting and Reduction Scheme for International Aviation, Renewable energy, Carbon offset, Global warming, Climate change, Human activities, Carbon Retirement
Summary
Key Points: 
  • The EU will take part in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from the start of its voluntary phase on 1 January 2021.
  • Todays decision also lays down the EU position on the method to be used for calculating aeroplane operators offsetting requirements during theCORSIA pilot phase 20212023.
  • According to the EU position, the calculations should be based on the emissions during each of those years(2021, 2022 and2023).
  • This option is likely to lead to higher offsetting requirements and therefore be better for the environment than the other option available, which is to base the calculations on the 2020 emissions.
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