The ICAO Council approved, on Saturday 14 March in Montreal, the eligible emission units for the CORSIA offset system, limiting the number of poor quality credits - a lesser evil, but not a panacea, judging by initial reactions in the EU.
Of the fourteen organisations that had applied to be eligible for their emissions offset program, only six were recognised as such, namely: the Clean Development Mechanism (CDM), China's GHG voluntary Emission Reduction Programme, the Voluntary Carbon...