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Airline Chiefs Back Common Approach to CO2 Curbs at IATA AGM

June 3 (Bloomberg) -- IATA airline association members meeting in Cape Town approved proposals for compliance with a commitment requiring carbon-neutral growth after 2020.

The resolution urges the adoption of a single global standard that will neither require airlines to fund each others’ emissions nor stiffle growth at emerging carriers.

The International Air Transport Association produced the proposal ahead of the 38th ICAO general assembly, where governments will consider measures to curb aircraft carbon emissions associated with global wamring.

While the measure was backed by an “overwhelming” majority of executives voting at the meeting, according to IATA Chairman and Qantas Airways Ltd. chief Alan Joyce, Air India and Air China both voiced concerns regarding the issue.

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To contact the editor responsible for this story: Christopher Jasper at cjasper@bloomberg.net

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