An aviation emissions offset appears set for take-off, but environmental campaigners warn it does not go far enough. The long-awaited general meeting of the International Civil Aviation Organisation (ICAO) kicks off in Montreal today with hopes running high that the UN-backed body is poised to deliver an historic agreement to tackle aviation emissions.
Support is growing for proposals for a Global Market Based Mechanism (GMBM) that would require airlines to purchase verified emissions offset credits to cover the greenhouse gas emissions they produce, imposing a carbon price on the sector that would reach far beyond the existing EU emissions trading scheme……………………………………Full Article: Source