Displaying 1 - 10 of 10
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The energy transition is slowing down growth of oil demand, but has yet to reduce overall levels of consumption of the fossil fuel, the IEA warns.
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Giants including BP and Shell with major investors have published net-zero principles to follow, but what constitutes a credible plan?
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British Airways CEO Sean Doyle argues a ‘global system of sustainable aviation fuels' can help drive down emissions from flying.
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Funding from oil giant aims to help scale production of waste-based fuel that can be mixed into conventional jet fuel in bid to reduce carbon footprint of flight
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The deal will explore the possibility of building a sustainable aviation fuel production facility for British Airways in the U.K.
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The aviation sector has the climate goal of cutting carbon emissions by 50 percent by mid-century. Sustainable aviation fuels could be one solution to reduce emissions.
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Among its pledges are a 40 percent reduction in its oil and gas output by the end of the decade.
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Engine marker pledges to boost low-carbon technology R&D and reach net zero across its operations by the end of the decade, as it announces plans to cut 3,000 jobs across the U.K. amid coronavirus crisis.
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While some investors welcomed the latest net zero pledge from a leading oil giant, others believe the announcement was a 'clear attempt to stave off a shareholder rebellion at its AGM.'
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UBS analysis suggests the pandemic is set to curb air travel growth 10 percent over the next decade as high-speed rail flourishes.