IATA to certify biofuels

On October 23, 2009 the International Air Transport Association (IATA) announced it will approve biofuels for commercial aviation by the end of next year. The environmental significance of this announcement is vast. First, it signals the industry's intention to reduce its carbon footprint. Second, from a technological & financial perspective, it might eliminate some of the barriers to investment in high-quality biofuels for aviation. IATA governs the airline industry world-wide.