Finnair joins global emissions trading group


Finnair has joined the Aviation Global Deal (AGD) Group, which proposes a
global emissions trading deal. The goal of the AGD Group is to reduce emissions
in aviation by means of a global sectoral agreement. 

"In order to actually achieve emissions reductions in aviation, an emissions
trading deal must be global," says Finnair's VP Sustainable Development Kati
Ihamäki. "A deal covering only certain airlines or certain geographical areas
distorts competition and potentially encourages less eco-efficient operating
procedures such as intermediate landings in non-optimal locations outside the
emissions trading area. Aviation Global Deal is the right step towards fewer
emissions in the future." 

The basic mechanism proposed by the AGD Group is a global sectoral agreement
covering carbon dioxide emissions from all international air transport
providers. Net emissions reductions will be achieved by setting a global
emissions reduction target for the sector and allocating allowances to
airlines, which they can top up through the purchase of carbon credits. 

The AGD Group's members are the international NGO The Climate Group, Air
France/KLM, British Airways, Cathay Pacific, Virgin Atlantic, airport operator
BAA and most recently Finnair and Qatar Airways. 

The AGD Group's proposal is intended to support the work of IATA's Joint Task
Force, GIACC and ICAO, the international bodies tasked by the UN to find an
appropriate solution to tackling aviation emissions. 

Finnair Plc
Communications
5.5.2009

For more information, please contact Finnair Media Desk,
media.desk(a)finnair.com tel. +358 9 818 4020 or Kati Ihamäki tel. +358 (0)9
818 4101. 
Finnair's blogs: http://blogs.finnair.com
Photobank: www.finnair.com/gallery
Finnair Group website: www.finnairgroup.com
via.Helsinki: www.viahelsinki.com