SASHA Coalition Critiques CORSIA for Hindering Aviation Emissions Reductions
The SASHA Coalition has issued a warning regarding the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), stating it could hinder aviation decarbonization by postponing stronger climate measures like carbon pricing. Established by ICAO, CORSIA primarily focuses on offsetting emissions rather than reducing them.
From 2012 to 2023, approximately 1.1 billion tonnes of CO2 emissions from international aviation were unregulated due to exemptions from the EU ETS, resulting in about $30 billion in lost carbon market revenue. The coalition cautions that if these trends continue, an additional 1.3 billion tonnes of emissions could go unregulated from 2027 to 2035, with potential revenue losses of around $150 billion. They advocate for stronger policies to promote investment in cleaner aviation technologies.
