Vedder Price Partner John Pearson contributed the article “Could the Clock Restart? CORSIA Deadlines Amid EU ETS Pressure” to this week’s issue of Air Cargo Week.
The article discusses possible implications for the aviation industry if they do not meet the current period for CORSIA compliance, ending in early 2028. If this happens, the EU could subject flights to the EU ETS, resulting in higher and uncertain costs while there’s growing demand. Limited supply of emissions units may also drive price volatility, pressuring operators to secure long-term offsets despite their inexperience with carbon markets.
Read the full article on page 5 of Air Cargo Week here.
