Global Carbon Plan for Airlines Gets First UN Seal of Approval
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The United Nations’ aviation agency approved the first steps toward a market-based approach to reduce emissions in the $708 billion airline industry.
The International Civil Aviation Organization’s assembly of nations from the U.S. to Russia and the European Union today agreed to complete a plan in the next three years for a market to start in 2020. The accord for airlines, responsible for 2 percent of pollution worldwide, is unprecedented for a single global industry.