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Everything from wildfires to fraud is adding risk for investors in carbon offsets. Now there are new questions about how the market is trying to insure itself.
Green fuel is critical to efforts to tackle the climate impact of air travel. But sustainable aviation fuel was only 0.17% of airlines’ global propellant consumption in 2023.
When Berkeley became the first US city to ban natural gas in new buildings, the California Restaurant Association fought back, and won. Now gas companies are planning to leverage that victory nationally.
A lack of supply and high costs are making it challenging for airlines to source and use lower-carbon fuels, Cathay Pacific’s head of procurement said.
