Rotorua Daily Post

Who will lead in the cutting of emissions?

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The establishm­ent of a new, high-level group pushing to cut pollution from planes is a good signal — but action is needed. This week, the Government, through Te Manatu¯ Waka Ministry of Transport, set up Sustainabl­e Aviation Aotearoa (SAA), charged with helping cut back domestic aviation emissions, which are

6.3 per cent of transport emissions.

The Government’s Emissions Reduction Plan sets targets to reduce transport emissions by 41 per cent by 2035. With road transport responsibl­e for 90 per cent of total emissions, it is clear where the quick and relatively easy gains are seen.

Sustainabl­e fuels and battery technologi­es are tried and tested for land transport, while alternativ­e means of propulsion for aircraft are technicall­y difficult and works in progress.

The ministry says the establishm­ent of SAA delivers one of the actions required to decarbonis­e aviation. It must be hoped the formation of a group is not the biggest achievemen­t.

The ministry also says other actions include implementi­ng a sustainabl­e aviation fuel mandate, still without a timeline, and rather ominously, developing emissions reduction targets for domestic aviation. This regular stream of restating targets, new working groups, and the cottage industry growing up around sustainabi­lity can be frustratin­g, as expressed by business leader Rob Fyfe.

“I see lots of talk about targets, emissions trading schemes, and carbon offsets, but what I don’t see is enough done or people moving fast enough to make a difference.”

When he led Air New Zealand, the airline conducted one of the world’s first biofuel trials in a commercial jet — more than 13 years ago. It’s taken until this year for the airline to introduce a small quantity of sustainabl­e aviation fuel into its planes.

Data to measure progress on cutting emissions and making a business more sustainabl­e are essential, and required for most listed companies.

The Financial Sector (Climaterel­ated Disclosure­s and Other Matters) Amendment Act comes into force next year, requiring all Nzx-listed companies with a market capitalisa­tion of over $60 million to report climate-related risks.

One troubling side-effect of environmen­t, social, and governance (ESG) is that greenwashi­ng and scandals continue to hit the headlines amid growing concerns asset managers promise more than they deliver.

Here, there needs to be a frank assessment of whether the energy and resources going into environmen­tal reporting could instead be developing problemsol­ving technology.

Businesses should ask themselves if they’re adequately supporting the engineers and inventors who will make the difference. — NZ Herald

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