corsia

IATA Calls to Address Limited Carbon Credits

The International Air Transport Association, or IATA, and carbon market stakeholders are calling on governments worldwide to urgently address the limited supply of carbon credits available for airlines to fulfill their carbon compliance. Airlines face these obligations under the Carbon Offsetting and Reduction Scheme for International Aviation, or CORSIA. Specifically, IATA and the signatories want governments to issue letters of authorization, or LoAs, which enable the release of CORSIA eligible emissions units, ... [+]