Aviation Industry Wants to Get Rid Of Their Obligations Under EU Emission Trading Scheme
The aviation industry and the ICAO are now proposing a new concept called CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation). That scheme shall replace their commitments under the EU ETS. The idea of CORSIA is that the airlines no longer have to buy certificates but that they are obliged to launch compensation measures for their pollution, which can be outside of the aviation industry.
Such a concept could, indeed, be a better alternative to the EU ETS - at least in theory. The crux, with CORSIA, however, is that the scheme shall only catch those emissions created in addition to a baseline of aviation-emissions. The baseline shall be 2020, so the aviation industry would not have to offset any future emissions that are within the range of those churned out in 2020. An innovative aspect of CORSIA, however, is that cerosin, produced in refineries with the help of renewable energy, shall be viewed as a climate-friendly alternative fuel. Refineries are using hydrogen to refine cerosin from crude oil. This hydrogen could be produced via electrolysis and the Power-to-Gas technology by using renewable electricity as input.
But even this innovation is limited as it does not alter the actual composition of the cerosin as such, - burning cerosin produced with the help of renewable electricity will be just as harmfull to the climate as cerosin produced with the help of fossil fuels. More information (German language version only) including a statement of the German aviation industry can be found here.