Airlines, airports and repair shops are "Greening" aerospace companies. They may not be low carbon businesses today, but they are serious about getting there.
IATA is the main trade association, it's job is to advocate for airline members, in favor of the net-zero emissions, SAV policy.
ICAO is the UN agency with the mandate to implement the policy preferences of UN member States in dealing with CO2 emissions on international flights - its contribution so far is the CORSIA scheme.
The climate change policy objectives of the nation states are negotiated in the ICAO assembly, a UN agency. The 2016 Paris Agreement, is the reference agreement, for climate change policy.
Each individual nation state has incorporated the terms of the Paris Agreement, into national climate change legislation. In turn, government regulators, formulate the rules governing greenhouse gasses, and enforces them within national borders.
Tourism sector climate change scenario targets halving emissions by 2030 and achieving net zero by 2050 at the latest.
The Greta Thunberg Effect & Google frame the thinking of Gen X, Gen Y, Minnellials and Civil Society Groups.
"Airlines & lessors can develop Green finance strategies to make up for any lost equity/debt sources."
All stakeholders need to rapidly reduce global greenhouse gas emissions, to prevent severe climate change.
- The global environmental problem has been framed by the scientific community as a climate budget of toxic waste, 650Gt of it. Where to go to to be informed. The UN IPCC prepares Assessment Reports about knowledge on climate change, its causes, potential impacts and response options. The IPCC also produces Special Reports, which are an assessment on a specific issue, Methodology Reports, which provide practical guidelines for the preparation of greenhouse gas inventories, and Synthesise Report, which integrate materials contained within the Assessment Reports and Special Reports” and “written in a non-technical style suitable for policymakers and address a broad range of policy-relevant but policy-neutral questions approved by the Panel”. The most recent UNIPCCC report highlights that, if the current ambition remains unchanged, by 2030, transport-related CO2 emissions from tourism are expected to increase by 25 per cent, reaching 1,998 million tons of CO2 (up from 1,597 million tons of transport-related CO2 emissions in 2016). Thus, by 2030, transport-related CO2 emissions will have represented 5.3 per cent (up from 5 per cent in 2016) of overall human-made CO2 emissions. How do we reduce the climate pollution? Today, we are adding waste at a rate faster than ever. The world emits around fifty billion tonnes of greenhouse gases each year. We must remove the maximum amount of toxic waste as soon as possible before 2050. The source is every machine on Earth! The best option is cut the emissions they produce by modifying them or replacing them, with non GHG technology. The enigma is that the gas turbine powered by fossil fuel is the most efficient technology in a free and open market. Alternative technologies, come close to, but cannot, equal or better it. Gas turbines provide many benefits when driving large equipment, in most all industries. They offer high power density. The gas turbine provides appreciable capital cost savings compared to plant driven by a steam turbine or an electric motor. Gas turbines can offer 10 to 15% greater efficiency over heavier equipment types. They can offer 10 to 15% greater efficiency over heavier equipment types. Installation cost savings can be in the 10 to 20% range. Gas Turbines do not add to the equipment count for maintaining equipment.