Corporations Are Dropping Climate Goals, and One Is Being Honest About It
From CNBC:Air New Zealand on Tuesday dropped its 2030 climate goal, citing delivery delays of fuel-efficient aircraft and the affordability of alternative jet fuels.
The announcement means that New Zealand’s national flag carrier has become the first major airline to water down its near-term climate aspirations, a move that reflects the scale of the industry’s challenge to meet its decarbonization goals.
Air New Zealand CEO Greg Foran said in a statement that it has become apparent in recent weeks “that potential delays to our fleet renewal plan pose an additional risk to the target’s achievability.”
Should we be angry at Air New Zealand, when they’re the first airline on the planet to be honest?
There is a limit to which companies in this industry, or any other, can go to maintain both profitability and their commitment to environment sustainability.
As the Earth’s temperature continues to warm, will consumers make sacrifices? Will corporation accept cuts in earnings? The simple answer to both these questions is no.
