Is financially backed regulation the key to responding to the climate crisis?

A review of the UK’s Jet Zero Strategy, sector developments and the critical steps necessary to achieve ‘green aviation’.

Introduction

The intersection of a global climate emergency and the entrenched economy and technology of the aviation sector presents a significant carbon management challenge. As the opportunity to limit global warming narrows, the efficacy of state-led regulation to drive rapid, systemic decarbonisation requires scrutiny and consideration.

This review focuses on the regulatory pathway proposed in the UK’s ‘Jet Zero Strategy’. Published by the UK Government in 2022, the strategy outlines a pathway to achieve a UK aviation sector with net zero carbon emissions by 2050, in line with the UK Climate Change Act 2008. The strategy, whilst commendable in its ambition, has been criticised by environmental groups for its over-reliance on speculative technology and its refusal to curb flight numbers.

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