This post was originally published on The Economic Times
The number of air passengers is projected to more than double by 2050, causing surging fuel demand and undermining the aviation industry’s steps to reduce its emissions, a study from climate advocacy group Transport and Environment showed on Monday.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
As aviation industry leaders meet in Dublin this week at an annual finance conference where many plane sales are expected, the Brussels-based group called for the European Union to implement measures to limit the sector’s growth.
“It’s time to come back down to earth and put an end to this addiction to growth,” Jo Dardenne, the group’s aviation director, told Reuters.
Steps to tame fast-growing air travel could include limiting airport infrastructure growth and corporate travel while increasing taxation on the sector, the report said.
The airline industry, which accounts for about 2.5% of global carbon emissions, has vowed to use more sustainable aviation fuel (SAF) in an effort to
— Read the rest of this post, which was originally published on The Economic Times.