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First Global Emissions Market for Airlines Wins Support

2013-10-04 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: China, India and the U.S. joined other nations in approving a road map for building the first global market to reduce emissions from the $708 billion airlines industry. The executive committee of the International Civil Aviation Organizations assembly backed a draft measure that would set final details in 2016 for a market starting in 2020. The restrictions for airlines, which need approval at a plenary meeting tomorrow, is unprecedented for a single global industry. In a blow to the European...

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