AssetID: 53995786
Headline: UNCAPTIONED: Air New Zealand Drops 2030 Climate Goal Amid Challenges in Acquiring Sustainable Technology
Caption: Air New Zealand Drops 2030 Climate Goal Amid Challenges in Acquiring Sustainable Technology. Citing difficulties in acquiring more efficient planes and sustainable fuel, Air New Zealand has dropped its goal to cut carbon emissions by 2030, BBC News reports. Air New Zealand is the first major airline to step back from a previously set climate goal, highlighting the challenges within the aviation industry. Despite the setback, the airline is working on new short-term environmental targets while maintaining its commitment to achieving net-zero emissions by 2050. The aviation industry, responsible for approximately 2% of global CO2 emissions, faces ongoing challenges in reducing its environmental impact through fleet upgrades and renewable fuel use. CEO Greg Foran cited delays in fleet renewal plans as a major obstacle in achieving the airline's 2030 emissions reduction target. Air New Zealand had aimed for a nearly 29% reduction in emissions by 2030, significantly more ambitious than the global industry's 5% target for the same period. The airline struggles with securing enough SAF, a crucial component for emission reduction, which remains costly and limited in availability. The International Air Transport Association (IATA) emphasized that the aviation industry is still committed to achieving net-zero emissions by 2050, despite current challenges. IATA stressed the importance of government support to increase SAF production and advance technological innovations such as hydrogen-powered flight and carbon removal techniques. The airline industry is experiencing delays in new aircraft deliveries, with manufacturers like Boeing facing ongoing supply chain disruptions and recent controversies affecting production timelines. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
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