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GMBM. It’s a win-win for airlines.

Written by Aviation Advocacy on . Posted in Airlines, Climate change

There has been a flurry of press releases as negotiations get underway towards developing a global market based mechanism (GMBM) for the aviation industry. And, boy, does the airline industry want us to know about it. The GMBM is rapidly turning into a PR exercise rather than a means of addressing the impact of aviation on the environment. Having somehow slipped out from any obligations at the COP21 negotiations in Paris late last year, all eyes are now turned to ICAO and the GMBM. Getting a GMBM agreed at the ICAO Assembly this year will be essential if the aviation industry is to repair some of its tarnished reputation on environmental matters. In this respect the GMBM is invaluable. Media-savvy environmental groups can no longer complain that aviation is doing nothing to address climate change. Passengers will be able to fly without any guilt. And best of all, its effect on fares, and therefore airline profits, will be minimal.

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