Air New Zealand Abandons 2030 Carbon Emissions Target Due to Costs

02 Aug 2024 CW Team

Air New Zealand has decided to abandon its 2030 carbon emissions reduction target, citing the prohibitive costs and scarcity of feasible solutions as primary factors. The airline initially set ambitious goals to reduce its carbon footprint as part of a broader sustainability strategy.

The decision follows a reassessment of the current technological and financial landscape, which has revealed that achieving the target within the stipulated time frame would be economically unfeasible. Air New Zealand has faced significant challenges in sourcing affordable and effective technologies to reduce emissions at scale.

The airline's move reflects a growing concern within the aviation industry about the practicalities of meeting stringent environmental goals. Despite the setback, Air New Zealand remains committed to exploring other ways to mitigate its environmental impact and improve operational efficiency.

The company will now focus on alternative strategies that may include more gradual reductions in emissions or investment in emerging technologies that could offer more practical solutions in the future. This shift in approach aims to balance environmental responsibilities with the economic realities of the industry.

Air New Zealand's decision has sparked a broader conversation about the sustainability commitments of airlines and the challenges of aligning ambitious environmental targets with practical implementation. The industry will need to navigate these complexities to achieve meaningful progress in reducing carbon emissions.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..