The TPI research found none of the airlines assessed had a clear plan for cutting emissions from flights after 2025, with hopes instead pinned on the industry-wide carbon offsetting scheme under which all emissions growth after 2020 would be offset by carbon credits.
According to the TPI research, aviation currently accounts for around 2 pct of all global CO2 emissions, and around 12 pct of transport emissions. Even so, the aviation industry is expanding and could account for for a quarter of total emissions by mid-century.
The TPI is an investor-led initiative which uses analysis from the LSE's Grantham Research Institute on Climate Change and the Environment to evaluate how prepared firms are for the coming low-carbon transition.
(Source: LSE Grantham Institute, Business Green, 5 Mar., 2019) Contact: LSE Transition Pathway Initiative, www.lse.ac.uk/GranthamInstitute/tpi
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The Energy Transition Platform enables these governments to share experiences and successful initiatives, and helps them overcome barriers and adopt innovative clean energy policies. Innovation Labs accelerate this work by facilitating workshops, group calls and best practice case studies. The London School of Economics Grantham Institute -- Climate Change and the Environment is the knowledge partner for the Innovation Labs, providing research tailored to each government.
This policy briefing outlines some of the key learnings from the Energy Efficiency Innovation Lab, as well as recommendations for state and regional governments seeking to enhance energy efficiency in the built environment as part of their clean energy transitions. Government partners of the Energy Efficiency Innovation Lab are Alberta (Canada), the Basque Country (Spain), California (US), Lombardy (Italy), North Rhine-Westphalia (Germany), Silesia (Poland) and Wales (UK).
Download the policy briefing :
HERE. (Source: Climate Group, Website, 15 Dec., 2017) Contact: The Climate Group,www.the climategroup.com; Grantham Institute, www.lse.ac.uk/GranthamInstitute
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