Brussels, 07/10/2013 (Agence Europe) - Making the best of a bad situation... A formal agreement was reached in the evening of 4 October at the ICAO for developing a global market instrument on reducing CO2 emissions from civil aviation. This instrument will be finalised in 2016, so that it can enter into force by 2020, and although it will put an end to the provisional regional systems such as the EU's Emissions Trading System (ETS), the European Commission has welcomed the decision made in...