Air New Zealand turns to sustainability as global carbon price looms
The Sydney Morning Herald Air New Zealand has launched a major drive to “future-proof” its business partly due to its belief a global carbon price will emerge in the coming years. The aviation sector is responsible for an estimated 2 to 4 per cent of global carbon emissions, making it a target of environmentalists concerned about climate change. At some point when carbon is priced – and it is coming – then we will be more ready for it than our competitors and it will improve our relative competitiveness as a result. At a time when some banks are refusing …