Negotiations over the shape of a global market-based measures (MBM) system to address aviation carbon dioxide (CO2) emissions are at a critical stage at ICAO, according to IATA SVP and corporate secretary Paul Steele. As member states try to achieve the goal of enshrining an MBM system by the end of the ICAO Assembly taking place Sept. 27-Oct. 7, the carbon offsetting option is gaining traction, Steele told reporters during a briefing at the IATA AGM in Dublin. During the AGM, IATA passed a ...

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