Airline manufacturers escape threat of big costs from new UN climate standards
After 6 years of negotiations over UN greenhouse gas regulations, the aerospace industry dodged the threat of spending billions of dollars to re-engineer airplanes. The industry got help from European and Russian negotiators, who successfully argued that the standards should not render newer, more efficient planes obsolete, according to 3 people familiar with the UN talks in Montreal this month. The latest planes from companies such as Boeing and Airbus - which cost tens of billions of dollars to develop - will meet the new emissions standards. European negotiators also led an effort to forge a compromise exempting older, fuel-guzzling aircraft from the standards until 2028 – 5 years longer than a competing proposal pushed by US negotiators. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-23/general/airline-manufacturers-escape-threat-of-big-costs-from-new-un-climate-standards
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Airline manufacturers escape threat of big costs from new UN climate standards
After 6 years of negotiations over UN greenhouse gas regulations, the aerospace industry dodged the threat of spending billions of dollars to re-engineer airplanes. The industry got help from European and Russian negotiators, who successfully argued that the standards should not render newer, more efficient planes obsolete, according to 3 people familiar with the UN talks in Montreal this month. The latest planes from companies such as Boeing and Airbus - which cost tens of billions of dollars to develop - will meet the new emissions standards. European negotiators also led an effort to forge a compromise exempting older, fuel-guzzling aircraft from the standards until 2028 – 5 years longer than a competing proposal pushed by US negotiators. <br/>
