Money Talks: Will green flying take off?
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 6 July 2023
⏱️ 37 minutes
🧾️ Download transcript
Summary
The aviation industry is responsible for more than 2% of annual carbon emissions. That figure is set to rise as more passengers take to the skies. But the sector has set itself an ambitious target: to hit net-zero emissions by 2050.
On this week’s podcast, hosts Tom Lee-Devlin and Alice Fulwood ask if airlines can really go green. Tom discovers the limits of battery-powered flight when a trip in one of the world’s first electric planes ends in an emergency landing. Andreea Moyes, from Air BP, explains why sustainable aviation fuel—and not batteries—will help solve the industry’s carbon problem. And Jim Harris, from consultancy Bain, argues that the days of cheap flying may be behind us.
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Transcript
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| 0:00.0 | This advert is bought to you by American Express and AirWallix. |
| 0:04.4 | Well hello international markets, |
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| 0:28.4 | American-dash express. |
| 0:38.3 | Growing concern over climate change has put the aviation industry |
| 0:41.8 | under serious pressure. |
| 0:44.8 | To secure the sector's future, |
| 0:46.8 | the International Air Transport Association, |
| 0:49.7 | or IATA, has announced a pretty bold ambition. |
| 0:53.8 | Now the aviation industry has accepted a plan for net zero |
| 0:57.8 | emissions by 2050. |
| 1:00.4 | Achieving that is going to be difficult and very expensive. |
| 1:04.7 | Sustainable aviation fuels or SAFs are the foundation of our strategy. |
... |
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