Reuters reported exclusively that the United Nations is weighing restrictions for a scheme designed to help airlines offset their carbon emissions, curbing industry funding for older projects whose environmental benefits have been disputed by climate activists. The move, if approved, would be a blow to operators of older projects in countries including Brazil and India who had hoped a global push by airlines to offset emissions would mop up a glut of carbon credits awarded under earlier climate initiatives.
Reuters exclusively reports UN aviation agency weighs restrictions on carbon credits
04 March 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas