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We're exhibiting at E-World | Register & Secure your Meeting
Germany, Essen | 11-13 February
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Germany, Essen | 11-13 February
On Wednesday 12th June, the UK government released the UK ETS verified emissions data for the 2024 compliance year. At 85.6 million tonnes CO2e (tCO2e), total covered emissions fell by 11.5% year-on-year, continuing a downward trend that began in 2022, after delayed demand destruction in response to the 2020 and 2021 pandemic years.
As the aviation industry navigates the first year of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Phase 1 (2024–2026), this week’s approvals of additional carbon crediting standards have influenced the market landscape, introducing both opportunities and complexities.
As we ring in the new year, the aviation industry is transitioning from CORSIA’s pilot phase to CORSIA phase 1. To grasp its significance, it's crucial to understand CORSIA's role and objectives.