Muddy waters at COP29 obscure climate consensus – progress elsewhere, though
That COP29’s week in Baku has turned into an embarrassment is impossible to ignore. Delegates may ...
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
“The sober reality” of aviation’s threadbare climate pledges have been revealed in a blogpost, following COP29, by lobbyist Opportunity Green.
The group said aviation was falling short in its attempts to decarbonise.
“The message [at COP] was clear: aviation, as represented by IATA, is unwilling to contribute to climate finance. Which is an incredible stance of any industry that is responsible for somewhere between 4-6% of all emissions worldwide, and one that does not yet pay for its emissions and is continuing to emit more and more each year.”
The blog notes the shipping industry’s willingness to talk and listen, but the author again adds: “This was in stark contrast to the aviation sector – at too many points during my COP visit, I found myself noting aviation’s lack of ambition on this issue.”
The IMF impressed “the urgent need for a global carbon tax on aviation and shipping”, but IATA pushed back, instead suggesting the money should come from the oil industry.
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