Some major companies, including airlines, took the lead last December in Katowice, Poland in rejecting the use of dubious carbon credits toward their climate efforts. Despite this drumbeat against bad rules for cooperative approaches under Article 6 of the Paris agreement, experienced government negotiators fell short and did not finalize these guidelines in Katowice. This month in Montreal, governments could decide the fate of carbon credits for the Carbon Offsetting and Reduction System for International Aviation (CORSIA), but will they ignore business demand for good credits by allowing aviation emissions reductions to be double counted?
Let’s look behind the negotiating curtain and unpack how companies got involved, why governments should pay attention to companies’ push for environmental integrity and what governments can do in Montreal to maintain the integrity of CORSIA.