Sunday, October 11, 2009

Airlines agree to better fuel efficiency, emission goals

       The world's airlines have agreed to new fuel efficiency and carbon emission targets which go much further than the levels required through regulation,an industry group said on Saturday.
       The International Air Transport Association (IATA),which represents 230 airlines, said that carriers, airports and aerospace firms had pledged to improve fuel efficiency by 1.5% a year annually until 2020.
       At a meeting in Montreal, they also set a goal of having carbon-neutral growth by 2020 and to record a 50% net reduction of carbon emissions in 2050 compared to 2005 levels.
       "Airlines have set even more ambitious targets than governments for the longer-term," IATA DirectorGeneral Giovanni Bisignani said.
       "No other industry has been able to achieve what we have done," he said, describing the cooperation in the sector."We are on the high ground and governments must now catch up."
       IATA has said biofuels hold great potential to reduce the emissions from planes, and has supported moves to offset fossil fuels burned in air transport.

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