ICAO's Group on International Aviation and Climate Change this month recommended "a global aspirational goal of 2% annual improvement in fuel efficiency of the international civil aviation in-service fleet," but noticeably did not make any proposals on emissions trading. "Given diverging views on the application of market-based measures across national borders, the GIACC recommends that the ICAO Council establish a process to develop, expeditiously, a framework for market-based measures in ...

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