AP: Air New Zealand scraps its 2030 carbon emissions target

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ASSOCIATED PRESS reports:

Air New Zealand scrapped its 2030 carbon emissions reduction targets on Tuesday, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings.

The move by the national carrier — one of New Zealand’s biggest companies by revenue — was the highest-profile reversal yet of an airline’s commitments to a U.N. framework for corporations to stay on track to meet the Paris Agreement on emissions reductions, highlighting the hurdles facing carriers and policymakers in ...