
Key climate target of airline decarbonisation 'in peril': IATA
WASHINGTON - The airline industry's flagship goal of decarbonising by 2050 is now "in peril" due to climate-sceptic policies, including those of US President Donald Trump, the leading airline association IATA warned on Sunday.
The emergence of leaders favouring fossil fuels and recent regulatory rollbacks are "obviously a setback... it does imperil success on the 2050 horizon", Marie Owens Thomsen, the International Air Transport Association's senior vice president for sustainability, told reporters.
"But I don't think it's going to halt or reverse progress. I think it will just slow progress," she said at the IATA annual industry conference in India.
Trump's Republican administration is supporting the development of fossil fuels in contrast to his Democratic predecessor Joe Biden, who had massively supported the production of renewable aviation fuels through tax credits.
UN aviation agency members, from the International Civil Aviation Organization (ICAO), have set the year 2050 as their goal for achieving net-zero carbon emissions for air travel -- an industry often criticised for its outsized role in climate change.
The air transportation industry has faced growing pressure to deal with its contribution to the climate crisis.
Currently responsible for 2.5 percent to three percent of global CO2 emissions, the sector's switch to renewable fuels is proving difficult, even if the aeronautics industry and energy companies have been seeking progress.
To achieve net-zero emissions, airlines rely on non-fossil sources known as Sustainable Aviation Fuel (SAF).
However, SAF biofuels are still three to four times more expensive than petroleum-based jet fuel.
SAF is seen as a crucial ingredient in hitting emissions targets. The biofuel produces lower carbon emissions than traditional jet fuel and is made from plant and animal materials such as cooking oil and fat.
European Union rules require carriers to include two percent of SAF in their fuel mix starting this year, rising to six percent in 2030 before soaring to 70 percent from 2050.
IATA also indicated on Sunday that it expects global SAF production to double this year compared with 2024 to 2.5 billion litres -- slightly down from its previous projections of 2.7 billion litres.
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In 1987, Morris Chang, who had moved to the US and became vice-president of Texas Instruments, specialising in semiconductors, was persuaded by the Taiwanese government to come home and establish TSMC. His inspiration was to found a company which made semiconductor chips on contract for other companies which designed them. It was a brilliant formula, creating a unique market niche which soon made TSMC the largest semiconductor manufacturer in the world. Comprehensive ecosystem Today, the park hosts more than 630 companies, more than 80 of them foreign, producing advanced products in six industries – integrated circuits, opto-electronics, biotech, machinery, PCs and telecoms. The companies employ more than 178,000 people and last year collectively earned revenue of $47-billion. The park hosts seven universities with 60,000 students, 9,000 of them PhDs, and eight labs. It is, as Huang put it, a comprehensive ecosystem for the incubation of hi-tech products, where companies and their suppliers, as well as universities, labs and research institutions, and government departments, are all within easy reach of one another. Hsinchu Science Park has also inspired the creation of 20 more science parks in Taiwan, hosting more than 1,100 companies, employing 328,000 people and earning $148-billion in revenues in 2024 – or about 18% of Taiwan's GDP. Hsinchu Science Park in particular has incubated household names such as Mediatek, a market leader in complex 'SoC' (system on a chip) for products such as mobile devices, home entertainment, connectivity and IoT ( Internet of Things); Realtek, a leading integrated circuit design house for AI, SoC, and other electronic solutions; and CytoAurora, global leader in single cell research and application platforms. The semiconductor industry is indeed an extremely complex ecosystem of interdependencies, domestically and globally, which any kind of military interference is very likely to destroy. That might just be Taiwan's strongest insurance policy. DM