UK agency has backed billions’ worth of of aviation deals since Paris agreement

1 year ago 46

Government’s UKEF criticised for ‘locking us all into more carbon emissions for decades to come’ with assistance for the sector

A UK government agency has financially supported the high-carbon aviation industry with billions of pounds since the Paris climate agreement was adopted, it can be revealed.

The effective subsidy for new airports, aircraft and maintenance comes despite the agency believing that the oil-dependent sector is unlikely to begin cutting emissions “materially” before the next decade.

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