The largest sustainable aviation fuel (SAF) deal between Lufthansa (DE:LHA) and Shell (LON: SHEL) may raise confidence in the industry’s 2050 net-zero goal, but decarbonisation of the sector faces many challenges.
A Dartmouth study calculates the economic impact of warming from greenhouse gas emissions (GHGs) by individual countries. Not only did it identify $6 trillion in damages from five countries over 25 years; it calculated that damages from the US and China are responsible for $1.8 trillion in annual losses over the same period. The same methodology could be used to calculate the economic impact of individual companies.
Climate litigation continues as the UK faces fresh legal action after news it approved a new North Sea gas field, Jackdaw, without considering the climate damage caused by emissions from the gas.
