India  
 
NewsR.in

Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce

SeattlePI.com Tuesday, 30 July 2024 ()
WELLINGTON, New Zealand (AP) — Air New Zealand scrapped its 2030 carbon emissions reduction targets on Tuesday, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings.

The move by the national carrier — one of New Zealand’s biggest companies by revenue — was the highest-profile reversal yet of an airline’s commitments to a U.N. framework for corporations to stay on track to meet the Paris Agreement on emissions reductions, highlighting the hurdles facing carriers and policymakers in cutting aviation emissions.

Tuesday’s update was a sharp turnaround from a 2022 announcement by Air New Zealand in which it declared itself the second carrier in the world to have its plans validated by the U.N.’s Science Based Targets Initiative aviation framework. It pledged a 28.9% reduction in carbon emissions 2030, from a 2019 baseline, with a 16.3% drop in absolute emissions.

The airline — which was led until 2019 by the now-Prime Minister of New Zealand, Christopher Luxon — was due to begin progress reports on its 2030 emissions targets during this financial year.

Air New Zealand said it was still committed to a target of net zero carbon emissions by 2050, in line with the Paris Agreement. The carrier would establish new “near-term” emissions reduction targets that would “better reflect the challenges relating to aircraft and alternative jet fuel availability,” CEO Greg Foran said in a written statement.

The airline declined an interview request from The Associated Press.

Global manufacturing and supply chain issues could slow the introduction of more fuel-efficient planes into Air New Zealand’s fleet, Foran said. The “affordability and availability of alternative jet fuels” and global and domestic policy settings are also...
0
shares		ShareTweetSavePostSend
 
Video Credit: AutoMotions - Published
News video: The new Jeep Avenger 4xe Interior Design

The new Jeep Avenger 4xe Interior Design 03:06

 Boasting exceptional driving capabilities while also ensuring reduced CO2 emissions, the new Jeep Avenger e-Hybrid, driven by its innovative 48 Volt hybrid engine, further advances the Jeep brand's trailblazing journey into electrification. The engine powering the new Avenger e-Hybrid represents...

You Might Like


Related videos from verified sources

BMW i5 eDrive40 Touring Design Preview [Video]

BMW i5 eDrive40 Touring Design Preview

Hallmark BMW driving pleasure, a sporty appearance and modern functionality have always helped the BMW 5 Series Touring to occupy a special position in the premium segment of the upper mid-range..

Credit: AutoMotions     Duration: 03:02Published
Audi RS e-tron GT performance Exterior Design in Studio [Video]

Audi RS e-tron GT performance Exterior Design in Studio

The Audi e-tron GT quattro has been the electric and sporty top model in Audi’s product portfolio since its premiere in 2021. The four-door Gran Turismo combines evocative design with a powerful..

Credit: AutoMotions     Duration: 02:24Published
World's rarest whale washes up on New Zealand beach [Video]

World's rarest whale washes up on New Zealand beach

Workers remove what scientists believe is the body of a spade-toothed whale -- a species so rare it has never been seen alive -- from a New Zealand beach. According to the New Zealand conservation..

Credit: AFP English     Duration: 00:32Published

Related news from verified sources

Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce

 Air New Zealand scrapped its 2030 carbon emissions reduction targets on Tuesday, citing lags in producing new planes, a lack of alternative fuel and...
Japan Today