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How to cut aviation emissions by 20% overnight

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After years of dithering, the International Civil Aviation Organisation (ICAO), has finally come to an agreement on a plan to reduce aviation’s carbon emissions.

At a meeting in Montreal, the ICAO pledged to support an “aspirational” net zero aviation goal by 2050. The plan, seen as a compromise by many, was accepted by the 193 countries who are members of ICAO. However green groups say the deal is weak and not legally binding. Let’s take a closer look.

The Problem with Flying

There’s no denying that flying is a huge contributor to global carbon emissions. In 2018, aviation accounted for about 2% of global CO2 emissions, according to the BBC. And those emissions are only projected to grow in the coming years as the demand for air travel continues to increase. That’s why it’s so important that we have a plan in place to reduce those emissions. Otherwise, we’re facing some pretty dire consequences down the road.

The ICAO Deal

So what exactly does this deal entailed? Well, under the terms of the agreement, ICAO member countries have committed to stabilizing carbon dioxide emissions from aviation at 2020 levels by 2025. After that, they’ve pledged to cut those emissions by half by 2050, compared to 2005 levels.

However, it’s important to note that these targets are entirely voluntary and there are no consequences for countries that don’t meet them. That’s why many environmentalists are criticizing the deal as being too weak and ineffective. Nevertheless, it’s a start and it’s better than nothing.

But aviation analyst Geoffrey Thomas from Airline Ratings says governments around the world could easily cut emissions by making changes to air traffic control.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Nvidia surpasses Microsoft as the most valuable company in the world

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Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

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Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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