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12-Mar-2016 1:39 AM

IATA CEO 'reasonably optimistic' of carbon offset formula for aviation industry

IATA director general and CEO Tony Tyler, speaking at the CAPA Airlines In Transition Summit, said (11-Mar-2016) he is "reasonably optimistic" that the aviation sector will develop a formula for carbon offset. Mr Tyler said the success of the Paris Agreement at the UN Climate Change Conference in Dec-2015 will support progress at the ICAO Assembly in Sep/Oct-2016.

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