Representatives from the global airline industry on Friday agreed to a plan to reduce aviation’s impact on climate change.
All 190 nations that are part of the United Nation’s International Civil Aviation Organisation (ICAO) agreed to halt the growth of aviation emissions by 2020, while improving fuel efficiency at a rate of 2% a year until 2050. The organization will alos develop a CO2 emissions standard for aircrafts by the year 2013.
The resolution adopted by the ICAO at its meeting in Montreal, Canada, also explicitly acknowledges teh importance of market-based measures for improved environmental performance in the industry–a statement that could improve disputes between the airline industry and the European Union, which intends to include foreign air carriers in its Emission Trading Scheme begining in 2012.
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