Some of the world’s leading airlines do not have emission-cutting plans beyond 2020, according to new research backed by investors worth trillions of dollars. A study by the London School of Economics published on Tuesday (5 March) has revealed that none of the world’s top 20 stock-listed air carriers have any plans in place to manage their greenhouse gas emissions after 2025. Using corporate disclosure data, the researchers from the London School of Economics found that flights operated by European carriers easyJet, IAG, Lufthansa and Turkish Airlines currently stick to the Paris Agreement’s goal of limiting global warming to 2 degrees Celsius. However, British Airways parent company IAG and Lufthansa have only planned ahead as far as 2020. The next decade is seen as a critical period to achieve long-lasting emission cuts. EasyJet comes out relatively well from the study, as the British airline is on track to stick to 2 degrees until 2022. It and Turkish Airlines are the only carriers studied to plan beyond 2020, although the latter will not manage to stick as closely to Paris the way things stand. North American airlines Alaska Air, Delta, Southwest and United all reported encouraging numbers for the carbon intensity… Read full this story
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