CORSIA: Demand, Supply and Scaremongering

Carbon Market Watch contends that warnings of a credit shortage for the aviation sector's CORSIA market are 'scaremongering' and that there is sufficient supply to meet demand. The author argues that the ICAO Council should restrict eligible offsets to high-quality projects started in 2020 or later to avoid a flood of cheap, ineffective credits, such as those from the Clean Development Mechanism (CDM).

• Claims that high demand for offsets by airlines will create a market shortage and prevent the meeting of climate targets are described as 'scaremongering'.
• Potential credit supply is estimated to be upwards of 15 billion, significantly exceeding the expected demand range of 1.6 to 3.7 billion.
• Analysis indicates that if the three main voluntary market programs were eligible, the existing supply would cover airline demand well into 2025.
• The author recommends that the ICAO Council ensure only high-quality offsets from projects initiated in 2020 or later are eligible for CORSIA.

APA

Dufrasne, G. (2020). CORSIA: Demand, Supply and Scaremongering. Carbon Market Watch. https://carbonmarketwatch.org/2020/02/26/corsia-demand-supply-and-scaremongering/

Chicago

Dufrasne, Gilles. CORSIA: Demand, Supply and Scaremongering. Carbon Market Watch, 2020. https://carbonmarketwatch.org/2020/02/26/corsia-demand-supply-and-scaremongering/.

Wikipedia

{{cite press release |last1=Dufrasne |first1=Gilles |title=CORSIA: Demand, Supply and Scaremongering |publisher=Carbon Market Watch |date=26 February 2020 |url=https://carbonmarketwatch.org/2020/02/26/corsia-demand-supply-and-scaremongering/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{dufrasne2020corsia, author = {Dufrasne, Gilles}, title = {{CORSIA: Demand, Supply and Scaremongering}}, publisher = {Carbon Market Watch}, year = {2020}, month = feb, url = {https://carbonmarketwatch.org/2020/02/26/corsia-demand-supply-and-scaremongering/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }