Code of 1986), waste streams, or gaseous carbon oxides, conforms to the standards, recommended practices and guidance agreed to by the United States pursuant to the European Union Emissions Trading Scheme Prohibition Act of 2011 ( Public Law 112–200 ) for addressing aircraft emissions, and achieves at least a 30 percent reduction in greenhouse gas emissions on a lifecycle basis compared to conventional jet fuel. 702. Airline Assistance to Recycle and Save Program (a) Establishment Not later than 90 days after the date of enactment of this Act, the Secretary shall establish and carry out a program, to be known as the Airline Assistance to Recycle and Save Program , under which the Secretary shall purchase high-polluting aircraft from air carriers in exchange for commitments from such air carriers to purchase fuel-efficient aircraft. (b) Application To be eligible for the program established under subsection (a), an air carrier shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require, including a description of an high-polluting aircraft of the air carrier. (c) Program requirements (1) List of eligible aircraft In carrying out the program established under subsection (a), the Secretary, in consultation with the Administrator, shall prepare, maintain, publicize, and make available through a publicly available website, lists of aircraft that are— (A) high-polluting aircraft