Airlines Pledge 50% Emissions Cut by 2050
Air fares will rise as the global aviation industry chases down its goal of halving emissions by 2050, a move the International Air Transport Association announced at the UN Climate Talks Sept. 22.
The association, which represents 230 airlines comprising 93 percent of scheduled international air traffic, is also striving for a 1.5 percent average annual improvement in fuel efficiency through 2020.
Here is the joint industry paper (PDF) that the airlines are presenting to the United Nations.
The projected higher fares will come as a result of the higher cost of adopting newer, more sustainable and energy efficient airplanes and related technologies.
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