As the United Nations General Assembly takes place in New York this week to discuss climate changes, one group made a point to restate their efforts to help reduce carbon emissions: the airlines.
The world’s airlines are proposing to halve their carbon emissions by 2050, according to BusinessWeek. The reduction is one part of a global effort to reduce greenhouse gases, but the airlines also presented plans to start trading carbon credits on a global market by November 2010. The Guardian newspaper reports such a plan would cost around $4.8 billion (3 billion pounds).
At the UN convention, the International Air Transport Association said the airlines’ plan to cut emissions in half would involve airlines reducing carbon emissions to about 320 million tons a year from 640 million tons in 2005.
Giovanni Bisignani, IATA’s chief executive, told reporters that in order to achieve 50 percent cuts in emissions, governments have to “improve air traffic management and encourage the development of sustainable biofuels for aviation,” according to the Boston Globe.
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