Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce

Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce

WELLINGTON, New Zealand — 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 … Read more