US: Pelosi stimulus requires airlines receiving aid to cut emissions

Airlines would get US$37b in grants to keep workers on the job as part of a $71b package to rescue carriers and airports struggling with the coronavirus outbreak, but the airlines would be required to adhere to new emissions requirements under a plan released by House Democrats. The measure would also provide as much as $21b in loans to help air carriers continue operations amid plummeting travel because of the virus. Airline contractors would also see $3b for payroll support grants, while airports would see $10b in grant funding. In exchange, airlines receiving aid would have to start offsetting their carbon emissions in 2025 and reduce their overall emissions by 50% by 2050, according to a summary of the $2.5t stimulus bill provided by House Democrats Monday. <br/>
Bloomberg
https://www.bloomberg.com/news/articles/2020-03-23/airlines-would-get-37-billion-in-grants-in-pelosi-s-virus-plan
3/24/20