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E.U. halts carbon trading in aviation to give way to I.C.A.O.

Posted on 19 November 2012

The European Union said it will “stop the clock” for aviation in the E.U.-wide carbon trading scheme for one year to give way to the United Nations international aviation body to deliver on a global market-based approach to greenhouse gas regulation in the sector.
European Climate Commissioner Connie Hedegaard said the move results from encouraging signs from the International Civil Aviation Organization during a council meeting last week……………………………………….Full Article: Source


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