European aircraft maker Airbus is planning to invest about €2bn in environmental research and development (R&D) in 2012.
Airbus Strategy and Future Programmes head, Christian Scherer, states, "We will also recruit 4,000 new high-skilled employees in 2012, and many more in the supply chain."
The investment will be towards reducing carbon emissions and cutting noise pollution, while the investment will also be used to help enhance the struggling eurozone economy.
Airbus is aiming to improve fuel efficiency by 1.5% per year to 2020 to meet the goal of reducing emissions by 50% by 2050 in comparison to 2005 levels.
Airbus has recently collaborated with Boeing and Embraer for the development of alternate aviation fuels, mainly focused on reducing the industry's carbon emissions.
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