Global Climate News

The UK Office for National Statistics has released real-time indicators tracking various energy and transportation metrics including shipping activity, automotive fuel demand, electricity prices, gas prices, and flight numbers. The data provides daily and weekly insights into energy consumption patterns and transportation activities across Great Britain and the UK.

The European Commission has adopted a new Flight Emissions Label (FEL) regulation that will provide standardized methodology for calculating and displaying flight emissions information. Starting July 2025, airlines operating within or departing from the EU can voluntarily participate in this labeling system that will show passengers the estimated greenhouse gas emissions of their flights in kg CO2eq. The initiative aims to combat greenwashing, promote sustainable aviation fuels, and support the aviation sector's transition to net zero emissions.

Hong Kong-based Cathay Pacific Airways has settled 50,000 tonnes of carbon credits through HKEX's Core Climate carbon marketplace. Core Climate, launched in 2022, is Hong Kong's only carbon marketplace offering HKD and RMB settlement for international voluntary carbon credits, with over 90 participants and more than 50 certified projects across Asia, South America and West Africa.

The UK government launched a consultation on implementing the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to reduce the climate impacts of flying. The scheme, overseen by the International Civil Aviation Organization (ICAO), requires airlines to offset CO2 emissions on international routes through initiatives like renewable energy and reforestation. The UK is working to align CORSIA with its emissions trading scheme to avoid double regulation and price increases for passengers.

The UK has announced a consultation on implementing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and its interaction with the UK Emissions Trading Scheme (UK ETS). The consultation seeks input on policy options, including a 'UK ETS only' approach and a 'price-based hybrid' scheme, to address emissions from international aviation.

The UK has announced the implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to address international aviation emissions. The scheme requires aeroplane operators to offset emissions growth above 85% of 2019 levels. The UK will integrate CORSIA with its existing Emissions Trading Scheme (UK ETS) to avoid double charging on flights to the EEA and Switzerland.

The December 2024 issue of Chemical Engineering Progress (CEP) magazine features articles on carbon footprint reduction, including decarbonizing ammonia production, geologic carbon storage, innovations in ethane cracking, and decarbonizing aviation. The issue also includes articles on process safety and the electric vehicle transition.

The UK has proposed implementing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to align with international standards. This involves draft secondary legislation for offsetting requirements and interaction with the UK emissions trading scheme (ETS) for flights between the UK and the European Economic Area or Switzerland. The consultation is led by the UK government, Scottish Government, Welsh Government, and the Department of Agriculture, Environment and Rural Affairs in Northern Ireland.

The European Commission has welcomed the updated European Air Traffic Management (ATM) Master Plan, adopted by the SESAR 3 Joint Undertaking. The plan aims to transform European airspace into the world's most efficient and environmentally friendly skies by 2045, focusing on digitalisation and modernisation of air traffic management systems to reduce emissions and improve efficiency.