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Cheap carbon offsets could strengthen aviation emissions goals

2013-08-01 09:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Responding to Climate Change: The aviation industry can achieve its goal of carbon neutral growth from 2020 by using the available supply of low cost carbon credits. According to new analysis by Bloomberg New Energy Finance (BNEF), the cost of adopting a market based system of carbon offsetting could add as little as $2 to a typical one way fare. This, say the authors of the study, could encourage the industry to adopt more ambitious targets in aviation emission reduction. What weve done is count up the number of potential...

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