G8 supports ICAO role in emissions policy, 50% CO2 reduction by 2050

The G8 Summit that took place this week in Italy reaffirmed support for ICAO's role, in cooperation with the United Nations Framework Convention on Climate Change, in addressing emissions reductions targets and policy for the international airline industry post-2012. The G8 comprises Canada, France, Germany, Italy, Japan, Russia, the UK and the US, together with the European Union. The G8 also called for a global emissions reduction target of "at least 50%" by 2050 compared to 2005, which is ...