British Airways will offset all domestic flight emissions from next year, after its owner IAG became the first airline group to commit to net-zero carbon flying by 2050. IAG’s chief executive, Willie Walsh, said that the company would reach the net-zero target largely through offsetting but pledged its airlines, including Aer Lingus and Iberia, would also substantially reduce emissions through sustainable fuels and replacing older aircraft. Walsh said offsetting was the only way aviation could promise to carbon net zero and that electric or hydrogen planes would not be an option for most international flights. Offsetting allows companies to invest in environmental projects to balance out their own carbon footprints but it has been criticised as a get-out clause for highly polluting businesses. Walsh said: “We will continue to use a carbon-based fuel throughout. We don’t see a credible alternative. It’s going to be some time until we see an electric or … [Read more...] about BA to offset domestic flight emissions from next year
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The money expert Martin Lewis has paid for 340,000 textbooks on personal finance to be sent out to all of the UK's state schools.The book, called Your Money Matters, is designed to help 15-16 year-olds manage their finances.It has the support of the Department for Education.Financial education has been on the national curriculum since 2014, but Mr Lewis said schools had struggled with resources and teacher-training.The book will help teenagers learn the answers to a series of questions about money.How do you score on the quiz?1. Explain the advantage of compound interest compared to simple interest.2. Which is better for a saver - an account which calculates interest daily, monthly or yearly?3. Do you know what your personal savings allowance is? 4. Explain the difference between APR and AER.5. What does the term PAYE stand for?6. Explain the difference between a standing order and a direct debit.7. What is the difference in law between returning a faulty good … [Read more...] about How do you score on this money quiz for teenagers?