Aviation Industry Accounts for Less than 2% of the World’s Carbon Emissions

Michael Fox of the Prospector News is joined by regular contributor Ted Butler to discuss the recent first part of a 3-part series on decarbonization of transportation. The series called Planes, Trains and Automobiles, the first part discusses decarbonization of the aviation industry. Although government net Zero targets are being set for 2035, technological barriers will prevent aviation from reaching those goals until at earliest 2050.  At This stage there seems to be only 2 options for decarbonization; Biomass Fuels or Hydrogen. The aviation industry itself seems to be leaning in on Hydrogen as its solution. We discuss what this means and its costs. This includes the hard dollar investments on retooling and replacing the current fleets of aircraft and the infrastructure need to supply the industry with its Hydrogen. We also examine the effects on the critical metals industry to supply what is needed particularly nickel.   Read Ted’s Article in the May Prospector News Here https://theprospectornews.com/#may-june-2024/4