Economics and Culture (Jun 2024)

Green Horizons Ahead: Navigating Carbon Neutrality in European Transportation by Sky and Sea

  • Pimiä Anne,
  • Urponen Anniina,
  • Kolehmainen Annaleena

DOI
https://doi.org/10.2478/jec-2024-0011
Journal volume & issue
Vol. 21, no. 1
pp. 149 – 158

Abstract

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As carbon neutrality gains momentum, industries worldwide are navigating the challenges and opportunities posed by sustainability goals. This article delves into the strategies undertaken by airlines and maritime companies to achieve carbon neutrality by 2050 in the European Union (EU). The aim of the research is to explore how the aviation and maritime industries in Europe can effectively transition towards carbon neutrality by 2050, considering their similar technological challenges and opportunities. The objective of this research was to identify and compare currently utilized sustainability initiatives in aviation and maritime companies. The focus is on new insight from airline and maritime companies concentrating on their sustainability practices. Common hurdles, innovative solutions, and shared opportunities in the pursuit of environmental sustainability are explored.

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