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Brother, can you spare three cents (for the climate)?

Optimism is growing for a potential deal at ICAO's 39th Assembly this week on a global market-based measure (MBM) to price carbon emissions from international aviation. Under the system, carriers would be required to offset emissions from growth in international traffic above 2020 levels (carbon neutral growth). The International Air Transport Association (IATA), which represents international airlines in policy dialogues worldwide, has pressed ICAO for the system, even while it estimates that it may cost the airlines between $4 and $12 billion US in 2030.
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