Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Investors warn against carbon removal
UN-convened alliance of financial institutions demands focus on carbon mitigation rather than removal
CCUS expansion gaining momentum – IDTechex
Capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling by research agency
Europe urged to fight US for low-carbon investment
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
Carbon at the centre of the energy transition
Our newly rebranded service responds to feedback from customers on what they care about most
Outlook 2023: Making net-zero aviation possible
Sustainable fuels will be a key solution to reaching a 1.5°C aligned path for aviation
Outlook 2023: The full stack of energy flexibility markets
As flexibility markets open up and evolve, they create new opportunities for businesses to realise value from their energy assets
SAF ‘most viable solution’ for aviation in short term – Shell
The oil major aims to scale up SAF production to help the aviation industry decarbonise
Energy sector carbon emissions to peak in 2025 – IEA
New policies in the EU, the US and China will cause emissions to peak this decade, the first time this has been forecast in an IEA Steps scenario
No new oil and gas to meet 1.5°C
Report from IISD says new hydrocarbon investments are not compatible with 1.5°C carbon budgets
Global carbon emissions set to rise in 2022 – IEA
World on course for 33.8bn t of CO₂ emissions this year, but major deployments of renewables and EVs have slowed rate of increase
Aviation was not included in the Paris Agreement
Aviation Net zero
Tom Young
10 October 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

International aviation agrees net-zero goal

Sector now covered by long-term target for first time, but criticism remains over how it is to be achieved

The 193 member states of the International Civil Aviation Organisation (Icao) have agreed a long-term global aspirational goal to reach net-zero CO₂ emissions by 2050. Because of its international nature, the aviation sector—alongside the maritime sector—is not included in the Paris Agreement and has not been covered by an emissions reduction target until now. Icao says it will meet the goal via the adoption of new and innovative aircraft technologies, streamlined flight operations, and the increased production and deployment of sustainable aviation fuels (SAF), as well as its offsetting scheme—known as the Carbon Offsetting and Reduction Scheme for International Aviation (Corsia). “States’

Also in this section
Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search