United Nations Seen as Likely Choice for Airline Pollution Cuts
- Unclear whether airlines will be able to use existing credits
- Nations working to offset airline emissions growth after 2020
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A carbon market run by the United Nations is emerging as the most probable supplier of the emissions credits necessary to curb greenhouse gas pollution from the world’s airline industry, according to a group that develops ways to verify carbon reductions.
The UN’s airline regulator will probably want to use an existing program with the rules and tracking systems in place to ensure credits traded among companies maintain integrity at a scale needed to meet demand, said David Antonioli, chief executive officer of Washington-based Verified Carbon Standard. The agency is currently debating rules for an aviation carbon market post-2020.