Airlines stick to "net zero" target - The measure comes despite doubts about the supply of ecological fuel
Global airlines ended a two-day summit by sticking to a target for net zero emissions by 2050, but there was no shortage of concerns about the availability of greener fuels and new aircraft.
The International Air Transport Association, which represents about 350 airlines, said meeting the target would cost carriers $4.7 trillion, or $174 billion a year.
Despite earlier signs that some airlines were becoming more skeptical about the chances of achieving the target, the association avoided reopening the debate on net zero emissions. Executives stressed that the industry has only a small margin to meet its goals.
They increased criticism of energy companies, accusing them of raising arbitrary tariffs in Europe, as well as aircraft manufacturers who have failed to deliver efficient aircraft in a timely manner.
"We need to see more action from all partners in the value chain to ensure the industry can get to where it needs to be," said Air Transport Association CEO Willie Walsh.
In April, Walsh warned that the net zero emissions agenda was getting off track, with comments that risked sparking discussions about the industry's challenges.
But he said there had been no discussion of any delay in achieving the targets during this week's annual meeting in New Delhi.
The industry's sustainability efforts have largely focused on sustainable, plant-based aviation fuels. However, current supplies cover only a fraction of airlines' fuel needs. For this reason, carriers have urged governments and energy firms to do more to push the initiative forward.
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