The Northern Advocate

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 Manatū Waka Ministry of Transport, set up Sustainabl­e Aviation Aotearoa (SAA), charged with helping cut a high-profile source of 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 marks the delivery of 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 are required for most listed companies.

The Financial Sector (Climaterel­ated Disclosure­s and Other Matters) Amendment Act comes into force next year.

his requires 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.

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