Fuel Prices Aren’t Airlines’ Only Headache
Carbon offsets aren’t exactly taking off
Photographer: picture alliance/picture allianceThe aviation industry has a lot on its plate right now. Not only is it coping with multiple geopolitical conflicts that are reducing route options and sending jet fuel prices sky high, but it’s also navigating a complicated carbon offsetting scheme that may — or may not — become mandatory next year.
The average flyer might not realize it, but since 2021, the International Civil Aviation Organization (ICAO) has been running the Carbon Offsetting and Reduction Scheme for International Aviation, otherwise known as CORSIA. Participation has been voluntary so far, but starting in 2027, CORSIA becomes a requirement for international travel between all ICAO member states (excluding some developing nations). At the moment, it’s expected that 134 countries will have to participate.
