Regulations and Government
ICAO Agrees To Global Emissions Cap-and-Trade Scheme by 2020
ICAO has committed to implementing a global market-based mechanism for limiting emissions for aircraft engines by 2020. (Photo: Engine Alliance)
ICAO has committed to implementing a global market-based mechanism for limiting emissions for aircraft engines by 2020. (Photo: Engine Alliance)

Opponents of Europe’s emissions trading scheme (ETS) seemed to have gotten the best of a deal reached at the general assembly of the International Civil Aviation Organization (ICAO) that should lead to a global market-based mechanism (MBM) for curbing aircraft emissions by 2020. On October 4, the assembly endorsed a plan agreed late the previous day by ICAO’s executive committee calling for the arrival of a detailed plan for the cap-and-trade MBM at the UN body’s next general assembly ahead of full implementation in 2020. However, ICAO delegates also voted 97-39 to limit the ability of the European Union (EU) to keep applying its ETS to non-EU carriers before the global plan takes effect. As of press time, details of what form such limits might take remained unclear and European Commission leaders hadn’t issued a statement clarifying whether the provisional agreement on the MBM met the conditions under which they agreed last year to suspend the application of ETS to all stages of flights to and from EU airspace, as well as within its airspace.