As ticket prices have plunged, air travel globally has increased by an amazing 50% in the past six years and become a major source of pollution and harmful emissions. If airlines and passengers were required to pay for their environmental impact, ticket prices would be much more expensive than present. When pollution pricing is mandated, vehicles, including airplanes, that use clean power sources are most economical. More efficient, less-polluting airplanes are another capital-intensive innovation and growth opportunity for the new economy.
Pollution from air travel can be reduced by being more fuel-efficient, or eliminating fuels entirely with electric planes.
Electric vehicles are on the ground, and soon, electric airplanes, which are free of emissions, could be taking off. They can help save money on fuel and save the environment. Redmond Shannon has a closer look at e-planes and how Canada is leading the way.
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