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To Fly or not to Fly? The Greening of the Airlines

Posted on August 27, 2008

Despite this summer's soft demand for air travel and record-breaking gas prices in the U.S., the aviation industry projects a doubling in revenue over the next ten years. But many wonder just how the industry will mitigate its ever-expanding carbon budget?Nearly 1.6 billion travelers are expected by 2020 (up from 2007's 903 million) as new travelers from emerging economies take to the skies for holiday and business travel. While this is great news for the $6 trillion travel sector, it is also of great concern for those who care about what spews out the back of thousands upon thousands of dai...

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activist , air travel , biofuel , carbon , carbon dioxide , carbon footprint , carbon trading , climate change , co2 , emissions , eu , european , european union , france , investments