American, European CEOs Unite Behind ICAO Global Environmental Framework, Aerospace
Industry leaders from the Aerospace and Defence Industries Association of Europe (ASD) and the Aerospace Industries Association of America (AIA) exchanged views on a variety of topics Monday, ranging from CO2 certification and biofuels to the European Union's Emissions Trading Scheme. CEOs of some of the largest and most influential aerospace companies on both sides of the Atlantic discussed impacts of ETS implementation for industries on a global basis. Starting in 2013, airlines will have to pay the EU for CO2 emissions from all flights that depart or arrive in the EU - including portions of flights flown outside EU airspace. Commercial jet aircraft are more than 70 percent more fuel efficient and emit 70 percent less CO2 than aircraft of the 1970s. Even so, the civil aviation industry has committed to far greater reductions. Manufacturers are working with the International Civil Aviation Organization - the UN body tasked with finding a global framework for reducing international aviation's CO2 emissions...
Wednesday, July 11, 2012
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