Airlines back climate plan that could cost them US$24b
The aviation industry is supporting a UN proposal to limit pollution from international flights even though the measure may eventually cost companies US$24b annually. Trade groups representing United Continental, Boeing and other industry leaders are pushing nations to join the agreement, which would require companies to offset their emissions by funding environmental initiatives. The accord, being brokered from Tuesday in Montreal, would be the first global climate pact targeting a single industry. The outcome is far from certain. The deal has backing from at least 60 nations, including the US and most of Europe. Yet in recent days China, which had previously expressed support for the accord, issued a joint proposal along with Russia and India pushing to change key elements of the proposal. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-27/general/airlines-back-climate-plan-that-could-cost-them-us-24b
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Airlines back climate plan that could cost them US$24b
The aviation industry is supporting a UN proposal to limit pollution from international flights even though the measure may eventually cost companies US$24b annually. Trade groups representing United Continental, Boeing and other industry leaders are pushing nations to join the agreement, which would require companies to offset their emissions by funding environmental initiatives. The accord, being brokered from Tuesday in Montreal, would be the first global climate pact targeting a single industry. The outcome is far from certain. The deal has backing from at least 60 nations, including the US and most of Europe. Yet in recent days China, which had previously expressed support for the accord, issued a joint proposal along with Russia and India pushing to change key elements of the proposal. <br/>
