The Climate Deal Trump Won’t Kill

This is a story about international aviation policy, not home energy upgrades, but here is what it covers. CORSIA is a global scheme, run by the UN's aviation body, that lets airlines offset rising emissions from international flights by buying carbon credits, rather than actually cutting pollution. It was created in 2012 after the EU tried to charge a carbon price on all flights touching Europe and faced a backlash from the US, Russia, China, and aircraft makers. The Trump administration has rolled back many climate policies but has left CORSIA alone, since it asks little of US airlines.

The EU is now deciding, on July 17, whether to extend its own carbon pricing to all flights departing Europe, including long-haul routes, rather than relying on CORSIA. Supporters say this could raise 7 billion euros a year from wealthier long-haul travelers and fix an imbalance where short European flights are taxed more than long trips to places like New York or Dubai. The piece also notes that recent jet fuel shortages tied to the Middle East crisis, not carbon pricing, are what's driving up ticket prices right now.

For homeowners, this doesn't touch home energy programs, rebates, or upgrades. It's relevant only if you follow broader climate and energy policy, since it may affect future air travel costs depending on how the EU rules on July 17.