Implementing global aviation emissions plan no simple task
Concessions by ICAO could make it harder to achieve goal of a mkt-based measure
[WASHINGTON] Concessions made by the United Nations' aviation body to wrap up two weeks of tense negotiations could make achieving the goal of a market-based measure to cap carbon emissions from airlines harder to achieve.
The International Civil Aviation Organization (ICAO) agreed in Montreal on Friday to design a global scheme to reduce the growth of the sector's greenhouse gas emissions. The scheme will be hashed out in 2016 and is intended to start in 2020.
But existing differences between countries sharpened at…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales
Capital A chief Fernandes defers retirement, renews contract for five years
Victims’ families to urge US prosecute Boeing over fatal crashes
Tesla could start selling Optimus robots by the end of next year, Musk says