Net Zero will make air travel a privilege, airline owners acknowledged – Watt?

Daily Skeptics

Will Jones

Airline owners acknowledge that air travel will soon become a privileged reserve because net zero is a low-cost air travel that is a thing of the past. Matthew Lynn says telegraph. This is an excerpt.

It will drive a new industrial revolution. It will create many “well-paid, green jobs”. The wealth it will generate will lower prices, improve living standards and trigger innovations that will change the entire industry.

For much of the past decade, company leaders have insisted that the transition to a carbon-neutral economy is a win-win situation.

We will save the earth and become richer at the same time. But please stick with it. Qantas Australia has just broken the rankings, acknowledging that flights may only be preserved with privileges soon, and a lot of research shows that environmental goals have hammered the economy.

In fact, the boss began to admit something that had been obvious for some time. Net Zero makes us poorer – which means we have to rethink the way we reduce carbon emissions.

If you think summer flights to Malaga or Crete with your family look expensive, you haven't seen anything yet. According to data company Mabrian, the budget – the term “budget” is becoming increasingly inappropriate, and for the currency-free aviation industry – flights to Spain will be priced 26% higher this year than last year, and these price increases are becoming the norm for many destinations.

But it will soon get worse. Qantas CEO Vanessa Hudson admitted this week that flights are likely to become “so expensive that it’s just something privileged”.

It doesn't stop there.

Trump’s energy secretary Chris Wright achieved some blunt truth on UK policy last month when he thought our rollout of wind farms and solar panels “had no benefits”. In fact, he said that British politicians “put their citizens in trouble, which is a place to make the world a better place”.

Similarly, earlier this month, an analysis by Peel Hunt showed that the sharp decline in electricity supply since the early 2000s was a sharp decline in growth in living standards and was inseparable.

It makes no sense to joke. Zero drives make us poorer.

Let's take aviation as an example. Vanessa Hudson's view is that sustainable aviation fuels (at least 10% of airline consumption) will be much more expensive than traditional fossil varieties.

It costs up to five times the cost of kerosene, which means that if airlines continue to operate, fares will have to rise. We only see the beginning of the price increase in tickets, and there will be a lot more in the next few years. Soon, only the rich can fly, and the rest of us will have to stay at home.

The problem is, it's totally crazy.

Lynn went on to explain how numerous industries, including tourism, exports and conferences, rely on affordable air travel. Of course, manufacturing has been plagued by the hammers of high and rising energy costs.

“At least Qantas is honest. So are the leaders of a few other company, and even if most people still live in La-la-Land, there is no trade-off in La-la-Land between achieving our environmental goals and maintaining our living standards,” he said.

Worth a read.

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