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THE WAY FORWARD HONG KONG, SEPTEMBER 2011
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1 THE WAY FORWARD HONG KONG, SEPTEMBER 2011
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THE WAY FORWARD HONG KONG, SEPTEMBER 2011. Commitment on climate change. Geneva, 2008. The four-pillar strategy. Invest in new technology Including sustainable aviation biofuels Fly using more efficient operations Build and use efficient infrastructure Use effective economic measures. - PowerPoint PPT Presentation
Transcript of THE WAY FORWARD HONG KONG, SEPTEMBER 2011
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THE WAY FORWARDHONG KONG, SEPTEMBER 2011
Commitment on climate change
Geneva, 2008
The four-pillar strategy
1) Invest in new technology Including sustainable aviation biofuels
2) Fly using more efficient operations
3) Build and use efficient infrastructure
4) Use effective economic measures
Global industry targets
2010 2020 20501.5% p/a fuel efficiency
Working towards CNG
CNG from 2020
Implementation of global sectoral approach
50% reduction in net CO2 emissions over 2005 levels
• Goals are at the global level – not States or operators
• Goals do not mean slowing down the growth of aviation
2005 20502020
No action
2030 2040
-50% by 2050
CO2
emissions
2010
“Frozen technology” emissions
Gross emissions trajectory
(schematic)
CNG 2020
Emissions reduction roadmap
2005 20502020
TechOpsInfra
No action
2030 2040
-50% by 2050
CO2
emissions
2010
“Frozen technology” emissions
Known technology, operations and infrastructure measures
Carbon-neutral growth 2020
Gross emissions trajectory
CNG 2020
(schematic)
Emissions reduction roadmap
2005 20502020
TechOpsInfra
No action
CNG 2020
2030 2040
-50% by 2050
CO2
emissions
2010
“Frozen technology” emissions
Known technology, operations and infrastructure measures
Biofuels and additional technology
Carbon-neutral growth 2020
Gross emissions trajectory
Economic measures
Biofuels +
add. Tech
(schematic)
Emissions reduction roadmap
TAXESARE THEANSWER
SOME POLICYMAKERS BELIEVE
Uncoordinated patchwork
“Green” taxes
$ ? $ ? $ ? $ ? $ ?$ 4 mn$ 1-13 bn
$3.5bn $1.2bn $0.2bn $ ? $ ? $ ?$6bn?$100m
Emissions trading
A GLOBALAPPROACH IS THEONLY WAY FORWARD
CONVINCE POLICYMAKERS THAT
Global policy developments
Positives:– First ever global sectoral agreement on CO2
– Reflects aspirational industry goal of carbon-neutral growth from 2020
– Lists 15 principles for MBMs, in line with industry priorities, e.g.
• Transparency and simplicity• No duplication• Minimise leakage and distortion• Appropriate access to all carbon markets
ICAO
Assembly
2010
Political and technical challenges
• Lack of political urgency• EU ETS Distraction• Developed vs. developing
country approaches• CBDR issue• Mitigation vs. adaptation
• Avoid competitive distortion
• Level – playing field• Reward early adopters• Accommodate fast
growth markets
Moving the political agenda
• Remind policy makers of the social and economic benefits of aviation
• Continue to deliver industry contribution to targets
• Call upon governments to deliver on their part
• Work with ICAO to further their agenda
• Above all, work collaboratively across industry, government and civil society
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THE WAY FORWARDHONG KONG, SEPTEMBER 2011
