The British financial company Standard Life says its ethical investment funds will no longer invest in airline stocks because its investors do not want it. Standard Life said its latest survey of those who want their money invested ethically showed 30% of respondents saying they would prefer a complete exclusion of airline stocks from the funds.
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Industry claims, often echoed by governments to justify airport expansion, that more flights benefit the economy, undermined by new research.
Challenging assumptions on the economic benefits of air transport growth
‘STIP’ diagnoses the problems for decarbonising planes and ships, but there is an urgency to act now, says T&E.