Qantas joins IAG in pledge to slash emissions to counter climate change

(Reuters News, 10 Nov 2019) Australia's national carrier said it was looking to cap net emissions at 2020 levels and will invest millions to develop sustainable fuel.

Qantas Airways Ltd on Monday pledged to slash its carbon emissions to net zero by 2050, joining British Airways owner IAG as the industry's response to climate change activists gathers momentum.

"We're doing this because it's the responsible thing to do," Qantas' Chief Executive Alan Joyce said in a statement, calling climate change concerns "real".

IAG last month became the first major airline group to make the net zero by 2050 commitment, leading the way amid intense pressure from climate change activists such as Extinction Rebellion and teenager Greta Thunberg.

The high-profile debate has spurred increasing numbers of environmentally conscious travellers and investors, putting pressure on the aviation industry.

The broader industry has committed to halving emissions by 2050 compared to 2005 levels.

Qantas said it was looking to cap net emissions at 2020 levels and will invest A$50 million ($34.3 million) over 10 years to develop sustainable fuel to help lower carbon emissions by 80% compared with traditional jet fuel.

External link

Reuters News, 10 Nov 2019: Qantas joins IAG in pledge to slash emissions to counter climate change