(Reuters Breakingviews) - Europe’s airlines are flying into a carbon cloud. New ...
Climate change activist Greta Thunberg speaks during a Fridays for Future protest in Turin, Italy December 13, 2019.
Airlines currently account for less than 3% of CO2 output globally, but this will climb as air traffic grows and power stations and cars switch to renewables. Unlike other sectors, functional green alternatives like bio-jet fuel or electric planes are years, possibly decades, away. Until then, airline bosses have carbon offsetting – basically paying for projects like tree-planting to suck up CO2 – as their sole defence against regulators and teenage Swedish activists.
And then there’s Thunberg. In 2019, her flight-shaming movement contributed to a 4% decline in passengers through Sweden’s airports, according to operator Swedavia. Map that across Europe and carriers have a big problem. Assume a 5% jet-fuel duty and no free carbon credits, and easyJet’s 580 million euros of forecast 2020 operating profit drops to 465 million euros. But chuck in a peak-Greta 4% decline in passengers and it nosedives to just 150 million euros.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Greta Thunberg Says She “Wouldn’t Have Wasted My Time” On TrumpThunberg wouldn't expect Trump to listen to her pleas for climate action, given the president’s track record for ignoring the science
Consulte Mais informação »
The Independent’s Women of the Decade, from Greta Thunberg to Serena WilliamsThese are the influential women who have had a global impact over the past 10 years in politics, sport, law, culture and society, says Sabrina Barr
Consulte Mais informação »
Jane Fonda on how Greta Thunberg inspires herActress and activist Jane Fonda tells Chris Hayes how Greta Thunberg’s fiery speeches were a part of the inspiration for her weekly “Fire Drill Fridays” climate change protests.
Consulte Mais informação »
Jane Fonda on how Greta Thunberg inspires herActress and activist Jane Fonda tells Chris Hayes how Greta Thunberg’s fiery speeches were a part of the inspiration for her weekly “Fire Drill Fridays” climate change protests.
Consulte Mais informação »
Strike not extended at Lufthansa's Germanwings for nowThe trade union representing cabin crew at Lufthansa's budget airline Germa...
Consulte Mais informação »
The Independent’s Women of the Decade, from Greta Thunberg to Serena WilliamsThese are the influential women who have had a global impact over the past 10 years in politics, sport, law, culture and society, says Sabrina Barr
Consulte Mais informação »