EU Investment Rules Will Greenwash 90% of Airbus’ Polluting Planes

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

EU Investment Rules Will Greenwash 90% of Airbus’ Polluting Planes, Transport & Environment is calling on the European Commission

Jo Dardenne, aviation director at T&E, says: “Sticking a green investment label on thousands of highly polluting planes is an act of pure greenwashing. The European Commission must reverse course. Unsurprisingly, Airbus is lobbying relentlessly to ensure aviation stays in the taxonomy. But this would be a mere smokescreen that allows them to sell dirty planes for years to come. Instead, they should focus efforts and investments in zero-emission aircraft that are truly green.

Airlines will also be affected by the EU taxonomy. For the time being, the majority of Europe’s airlines’ fleets don’t qualify as “best in class”. But their future planes will. 100% of order books by Ryanair, easyJet and Wizz Air could be considered “best in class”, as they plan to buy new generation, more efficient aircraft in the years to come. If these planes replace older aircraft, they will be compliant with the taxonomy.

Transport & Environment is calling on the European Commission to amend the criteria for aviation in the EU Taxonomy. These should strictly endorse new technologies with true emissions reduction potential, such as zero-emission aircraft and high quality sustainable aviation fuels.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“Airbus’ polluting planes” lol CleanTechnica should be above such headlines.

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.

DeSantis unveils more crackdowns on 'woke' investment practicesFlorida Gov. Ron DeSantis on Monday announced a series of new proposals aimed at cracking down on the use of Environmental, Social, and Governance criteria in investment decisions involving state and local funds. Semafor's Liz Hoffman joins Morning Joe to discuss. Awesome As long as the people of Florida vote for this, they deserve it. Floriduh's filthy beaches are already under severe threat from a variety of deadly flesh-eating bacteria through overuse and trash, red tide, and massive fish kills. He really can't say anything realistic about how 'caring about the environment is 'woke'', can he?
Source: MSNBC - 🏆 469. / 51 Read more »

Sherman Oaks man found guilty of participating in investment schemeProsecutors said the two brothers conned investors out of millions of dollars through a sham investment company
Source: ladailynews - 🏆 332. / 59 Read more »

Democrat seeks documents about $2 billion Saudi investment in Kushner fundRep. Jamie Raskin (D-Mad.) wrote that Jared Kushner failed to respond to an inquiry into whether he “improperly traded” on his government work to benefit financial interests. The letter also requested Kushner to identify foreign investors in his company. MarkWarner timkaine GerryConnolly follow the money and hold them accountable. Dubya & His Dad also did under-the-table business with the Saudis before & after 9-11 'And Granddad 'F. Prescott Bush did business with the Nazis during WW11, etc... Such doesn't make this BS Right, 'Does it Look how slimey their smiles are lmao. Literally just laughing at us
Source: washingtonpost - 🏆 95. / 72 Read more »

China's President Xi: To deepen industrial and investment cooperation with AsiaChina’s state media is reporting some encouraging comments from Chinese President Xi Jinping on Thursday. Key quotes “Willing to share ultra-large-sca
Source: FXStreetNews - 🏆 14. / 72 Read more »

SEC crypto proposal could bar investment advisers from holding at firmsThe SEC proposed a rule that would broaden regulations requiring investment advisors to securely store clients' assets with a qualified custodian to cover crypto assets.
Source: FoxBusiness - 🏆 458. / 53 Read more »