Airlines' fuel practices feed doubts over climate commitment

Airlines have taken steps to reduce their carbon footprints under the gaze of public opinion, but the pressure of the bottom line means some fly with extra fuel, boosting emissions of climate-changing greenhouse gases.

Study casts doubt on carbon capture

One proposed method for reducing carbon dioxide (CO2) levels in the atmosphere—and reducing the risk of climate change—is to capture carbon from the air or prevent it from getting there in the first place. However, research ...

Markets missing fossil fuel exposure to climate risk: analysis

Investors are overlooking the long-term risks climate change poses to oil and gas infrastructure firms, which face tens of billion of dollars worth of stranded assets as the world transitions to greener energy, according ...

High fuel costs drive Lufthansa deeper into red in Q1

German airline group Lufthansa plunged deeper into the red in the first quarter, it said Tuesday, blaming the rising price of fuel and intense competition in Europe but sticking to annual targets.

UK budget airline Flybe snubs counter-bid

Ailing no-frills British airline Flybe on Wednesday rejected a counterbid and repeated its backing for a takeover from a consortium led by Britain's Virgin Atlantic.

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