Lack of carbon market regulations force Brazilian airlines to play catch-up

In 2021, the Worldwide Civil Aviation Group launched a program to rein within the air journey trade’s carbon emissions. Named CORSIA (the Carbon Offsetting and Discount Scheme for Worldwide Aviation), it goals to stabilize web carbon emissions from civil aviation world wide at 2019 ranges, earlier than lowering web emissions to half of what they had been in 2005 by 2050.

By 2027, all airways should adhere to this system. A complete of 107 nations have joined CORSIA already — however not Brazil, because the nation has but to even regulate carbon markets. 

Simply earlier than the 2021 UN Local weather Change Convention…