IATA said it expects ICAO to fully develop a standard for carbon dioxide (CO2) emissions by the end of 2013, a move that is being welcomed by airlines and industry but which so far does not seem to have prompted the European Commission (EC) to change track on its emissions trading scheme. ICAO’s Committee on Aviation Environmental Protection (CAEP) has unanimously agreed on a CO2 metric system “which characterizes the CO2 emissions for aircraft types with varying ...

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