A new report, Envisioning Tourism in 2030 and Beyond, warns the tourism industry cannot “blindly” continue hoping technology and offsetting will help it reach net zero emission targets.
By 2030, the Foundation envisages air tickets will need to be two-thirds more expensive than 2019 levels in real terms “due to a temporary tax that helps to generate the investments in new technology R&D, updating fleets, generating subsidies for rail and bus and developing the production capacity for the more expensive e-fuels”.
It warned that by 2050, air tickets could be “around three times the cost when compared to 2019”.