The European Aviation Safety Agency (EASA) has projected growth in flights of 40% between 2018 and 2035. So how do we reduce aviation emissions? The global implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) remains low. Meanwhile, Europe’s EU ETS has helped reduce the sector’s emissions by around 17m tonnes of CO2eq per year - but it did not bring a net decrease in emissions. Technological progress … [Read more...]
Airline emissions: pressure is on to reduce, not offset
Oil and gas, shipping, utilities, automotive – the list of sectors that investors have turned their spotlight on to examine their impacts on climate change is growing all the time. The latest to come under pressure is aviation. The airline sector currently accounts for 2% of global CO2 emissions and 12% of transport-related CO2 emissions and its share of total emissions is growing fast. In addition, aviation has climate impacts beyond CO2 … [Read more...]
