Aviation comes out of Cancun climate talks unscathed

The UNFCCC’s COP16 climate change negotiations in Cancun have concluded with barely a mention of the airline industry.

COP16 was successful in agreeing to design a ‘Green Climate Fund’, aimed at raising financing to help developing countries deal with the effects of climate change.

However, a proposal to raise $3 billion a year for the fund though the introduction of a new tax on aviation was not adopted.

For more details, here’s an article I penned this morning.

COP17 will take place in Durban, South Africa in late 2011.  

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