MONTREAL/CHICAGO (Reuters) - 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.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!