Carbon trading “cannot solve” aviation and shipping pollution

Climate-warming emissions from the aviation and shipping industries cannot be sufficiently reduced by carbon trading, finds a new analysis by Alice Bows, a scientist at the Tyndall Centre for Climate Change Research at Manchester University, UK.

Experts are working to link the aviation and shipping industries into existing pollution trading markets, such as the European Emissions Trading Scheme. This would allow the sectors to buy carbon credits to cover their increased pollution, with the costs passed on.

But Bows said future carbon cuts needed to be so severe that both sectors would have to reduce their own emissions as well.

The Guardian quoted Bows as saying: "They can’t trade their way out of this problem. At current rates of growth, they will be consuming a
significant proportion of the world’s carbon budget by 2050. It will be way more than their fair share and an amount that simply can’t be
traded away because everybody else will have been forced to cut emissions."

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