“Increased flights hinder climate targets” - According to the report, fuel use will increase by 60% by 2050
The number of air passengers is forecast to double by 2050, driving up demand for fuel and hampering the aviation industry's steps to reduce emissions, a study by the Transport and Environment group showed.
As aviation industry leaders meet in Dublin this week for an annual financial conference where a slew of aircraft sales are expected, the Brussels-based group called on the European Union to implement measures to limit the sector's growth.
Steps to mitigate rapidly growing air travel could include limiting the growth of airport infrastructure and corporate travel by increasing taxes on the sector, the report said.
The airline industry, which accounts for about 2.5% of global carbon emissions, has pledged to use sustainable aviation fuel in a bid to cut emissions and reach net zero by 2050. But tight supply and prices up to five times higher than traditional jet fuel mean little of the greener fuel is in use.
The report highlighted that the industry's fuel use is projected to increase by 59% by 2050, compared to 2019 levels, as passenger numbers increase.
"The more they grow, the further they fall short of climate targets. At this rate, planes will still burn two billion barrels of oil a year in 2050, despite using sustainable fuel," analysts say.
The airline industry has consistently resisted calls to limit growth, saying the sector is essential for economic development and global connectivity.
Poll
How much are the major currencies being exchanged today?
The US dollar is being bought today at 94.8 lek and sold at 96 lek, losing points again like yesterday. The European currency was bought today at 97.8 lek......
California wildfires hit insurance companies - Costs could reach $30 billion
The devastating wildfires that have ravaged Southern California over the past week could have caused insurance costs of up to $30 billion, according to a new......
Mountains Package/ Which lands cannot be acquired for 1 euro? - The right to invest is denied to those who do not meet 5 property conditions
The draft law "On the Mountains Package" aims to attract investments in mountainous areas through the transfer of ownership of state assets in these areas......
"Britain, AI superpower" - Government aims to increase productivity by 47 billion pounds per year
British Prime Minister Keir Starmer said he wanted to make the UK an artificial intelligence "superpower", promising to publish information for researchers......
Rents increased by 3.2% in 2024 - Impacted by improved infrastructure and tourism
High demand, the development of new areas with improved infrastructure, and increased tourism have caused rents to increase by 3.2% over the past year......
Enterprise support schemes for 2025 ready - From competitiveness projects to handicrafts. How much will be financed?
The decision to determine the benefit measure for the special criteria and conditions for funding support for micro, small and medium-sized enterprises for......
Property tax, there will be no exceptions - Vulnerable groups will be compensated in other forms
The government will not apply an exemption from property tax for vulnerable groups and other categories that have not paid so far. The medium-term revenue......
Biofuels in Albania, about 50% cheaper - Draft law, in the Parliament: Will be exempt from taxes and fees
At least 1% of the fuel traded during 2025 will be bio. The draft law “On the production, transport, trade and use of biofuels and other renewable fuels for......
