Brazilian negotiators were particularly enthusiastic about the idea. As one negotiator explained, “Imagine if you could make a transfer from your bank account to another account to pay a debt. Suppose they could get paid and your bank balance doesn’t change. Sounds great, right!! We have found a way to do that with carbon credits.”
“We think airlines should get on the double counting bandwagon”, said the Brazilian negotiator. “There is no reason why countries should keep all the benefits to themselves”.