16
July 2008: The documentation from the workshop on aviation and carbon markets,
organized by the International Civil Aviation Organization (ICAO) on 18-19 June
2008, at ICAO Headquarters, Montreal, Canada, have been released.

The
workshop addressed issues related to aviation emissions and carbon markets,
including assessing aviation emissions; emissions trading schemes; creating
global schemes; and broad discussion of the pros and cons of market initiatives
for aviation emissions and the opportunities for a global aviation carbon
market. In particular, participants addressed and raised issues such as:
non-carbon multipliers and how to develop flight-dependent multipliers; improvement
of aviation emissions data and estimations; linkages between carbon trading
schemes; growth rates of aviation vs. other transport sectors; carbon offsets;
linking with the Clean Development Mechanism; global versus national and
regional schemes; implications of fuel cost increases for carbon emissions; and
considerations on levying aviation to fund proposed climate change funds. [Meeting website]