Business aviation industry commits to net-zero carbon emissions by 2050

Las Vegas : The National Business Aviation Association and other industry groups on Tuesday committed to “net zero” carbon emissions by 2050, as the sector's flagship private jet show kicked off in Las Vegas.

Aviation brokers and other industry executives at the show told Reuters that buyers are looking for more efficient models and asking about offsetting, but none are putting off purchases of corporate aircraft or private travel due to the environment. A week ago, a group representing global airlines set the same target at its annual general meeting in Boston.

The U.S. Department of Energy website says sustainable aviation fuel is"made from renewable biomass and waste resources" and has the potential"to deliver the performance of petroleum-based jet fuel but with a fraction of its carbon footprint."

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China vehicle sales fall 20per cent in September - industry bodyBEIJING :China's auto sales slumped 19.6per cent in September from a year earlier, industry data showed on Tuesday, falling for a fifth consecutive month as a prolonged global shortage of semiconductors disrupts production.Sales in the world's biggest car market totalled 2.07 million vehicles in September, da
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

How corporates are using Squid Game to reflect on their business livesIt turns out that there are several business lessons one can glean from the Korean thriller series, and LinkedIn can’t stop talking about it. Is the government reflecting? Or shoot to kill? Squid makes good bbq
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »