2016 should see a global market-based system to regulate aviation emissions

At the Paris Air Show this week, IATA director general Tony Tyler indicated that Airlines were confident that a deal would be reached in 2016 on a global market-based system that will regulate emissions from aviation, saying “We are confident that, given the current pace of discussions, it will be possible for an agreement to be made at ICAO next year, with the implementation details being clarified in the lead-up to 2020.”
At the end of November this year nearly 200 nations will meet at Aéroport Paris-le Bourget, the site of the current Paris Air Show, where they will aim to strike a new agreement to limit greenhouse gas emissions and restrict the rise in average global temperatures to two degrees Celsius (3.6 °F) above what were pre-industrial levels. Currently emissions from European flights are covered by the European Union’s Emissions Trading System (ETS). However a previous EU law intended to extend the arrangement to intercontinental aviation emissions from 2012 caused massive problems which forced the EU to withdraw their plans. Subsequent to this the ICAO took on the task of producing a global alternative, setting a deadline for late 2016.
Saying “I’m sure that a successful outcome in Paris can only help to provide momentum and the right environment for ICAO to succeed,” Tyler made it clear that the aviation industry was focussing on the ICAO talks, but that the talks in November, in Paris, may well provide a boost.