Airlines Seek Carbon Market in Global Plan to Curb Emissions

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Airlines backed a call for an emissions market to offset growth in their greenhouse gases after 2020, a step that could spur international talks on tackling pollution from the industry.

International Air Transport Association members adopted today at their annual general meeting in Cape Town a resolution in favor of a market-based mechanism to help address airlines’ emissions. IATA produced the proposal before a September gathering of the United Nations’ aviation panel that will consider the industry’s tools to fight climate change.