Platts clarifies Platts CEC Yr01 specifications

Platts, part of S&P Global Energy, would like to clarify that its Platts CORSIA Eligible Credit (CEC) Year One delivery price assessment will continue to reflect carbon credits eligible under the first phase (2024-2026) of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) over the course of 2026.

Effective Jan. 2, 2026, Platts CEC Yr01 price assessment will reflect Phase 1 credits for delivery in 2027. This is in consideration of the Phase 1 compliance deadline of Jan. 31, 2028, meaning Phase 1 credits are expected to continue to trade until that time.

The CORSIA scheme will enter Phase 2 at the start of 2027, but the supply and trade of these credits are yet to ramp up.

Platts CEC and CEC Yr01 reflect credits aligned to the criteria set out by the International Civil Aviation Organization (ICAO) for the first phase of its CORSIA scheme and for delivery in the current year and year one respectively.

Please send any comments, feedback or questions to platts _carbon@spglobal.com and pricegroup@spglobal.com .

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.