World will miss Paris climate target as nitrous oxide rises, report says

File photo, a plume of steam billows from the coal-fired Merrimack Station in Bow, N.H. If the nation doesn’t do more, the US probably won’t quite meet the dramatic heat-trapping gas reduction goal it promised in last years Paris agreement to battle climate change, according to a new study. (AP)
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Updated 31 October 2024
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World will miss Paris climate target as nitrous oxide rises, report says

  • Nitrous oxide is the third most prevalent greenhouse gas and the worst ozone-depleting gas

WASHINGTON: Failing to curb emissions of nitrous oxide will make it impossible to meet the main goal of the Paris climate agreement to keep global warming to 1.5 degrees Celsius, according to the first major global assessment of the pollutant released on Thursday.
Why it's important
Nitrous oxide is the third most prevalent greenhouse gas and the worst ozone-depleting gas.
The Global Nitrous Oxide Assessment (N2O) report is similar to the 2021 Global Methane Assessment, which showed that human-caused methane emissions can be reduced by up to 45 percent this decade and laid the groundwork for 150 countries to commit to the Global Methane Pledge to curb those emissions by 30 percent by 2030.
By the numbers
Nitrous oxide emissions, driven primarily by the agricultural use of synthetic fertilizers and manure, have increased globally by 40 percent since 1980, and are on pace to rise 30 percent over 2020 levels by 2050, the report said.
Taking global action to reduce emissions of nitrous oxide (N2O) could avoid the equivalent of up to 235 billion metric tons of carbon dioxide emissions by 2100, it said.
A US State Department official told Reuters earlier this year that slashing N2O emissions from production of fertilizers or the production of materials like nylon is cheap, costing as little as $10 per metric ton through projects using the voluntary carbon offset market.
Key quote
“Ambitious action to reduce nitrous oxide emissions could move the world closer to meeting a wide range of global climate, ozone and other environmental and human health goals,” said the assessment, published by the Climate and Clean Air Coalition of over 180 governments, NGOs, and international organizations.
Context
US officials also met with Chinese counterparts to discuss cooperating on slashing N2O emissions. The countries are the biggest emitters of the greenhouse gas.


Lufthansa adds more flights to Asia, Africa as Middle East war reshapes air travel

Updated 06 March 2026
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Lufthansa adds more flights to Asia, Africa as Middle East war reshapes air travel

  • Airlines across Europe have been redirecting capacity after suspending services in the Middle East
  • Lufthansa said the move also helps meet demand on long-haul routes that Middle Eastern carriers cannot currently serve

LONDON: Lufthansa said on Friday it was shifting capacity from 10 canceled Middle Eastern destinations to routes such as Singapore and Bangkok as it contends with disruption from the US-Israeli war on Iran.
Airlines across Europe, including budget carrier Wizz Air , have been redirecting capacity after suspending services in the Middle East.
Lufthansa said the move also helps meet demand on long-haul routes that Middle Eastern carriers cannot currently serve.
Airline stocks have slumped this week as US and Israeli airstrikes on Iran — and retaliatory strikes by Iran across the Middle East — have disrupted long-haul flights and sent oil prices soaring.
“The war in the Middle East proves once again how exposed air traffic is and ⁠how vulnerable it ⁠remains,” Lufthansa CEO Carsten Spohr said in a statement. He added the outlook was uncertain, particularly for jet fuel costs.
The schedule changes came as the German group reported better-than-expected 2025 results, saying stricter financial management and fleet renewal had helped contain costs and lift profits. Its shares rose as much as 4 percent, before reversing to trade down 1.2 percent at 1246 GMT.
The company said demand on routes to and from Asia and Africa had risen strongly since the conflict began ⁠on Saturday, and it would stick with its focus on expanding long-haul services. Spohr said new flights to Asia would launch in days.
Lufthansa did say how many services it had canceled because of the conflict.
While carriers face costs for rescheduling and rerouting, the biggest impact for those outside the Middle East is expected from surging fuel prices. Brent crude futures have jumped more than 20 percent this week.
Spohr said Lufthansa was well hedged in the short term. The group hedges fuel up to 24 months ahead and was 85 percent hedged as of December 31, according to its annual report.
RESILIENCE
European carriers, including Lufthansa, benefited from slightly lower fuel bills in 2025. Lufthansa’s fuel bill fell 7 percent, helping support earnings as passenger demand stayed firm.
“Last ⁠year we were able ⁠to significantly increase the Group’s operating profit and achieved the highest revenue in our history. Our results demonstrate the resilience and stability of the Group,” Spohr said.
Lufthansa reported an adjusted operating profit of 2 billion euros ($2.3 billion), compared with 1.9 billion euros forecast in a company-compiled analyst poll and up from 1.6 billion euros in 2024. The group also posted an operating margin of 4.9 percent, up from 4.4 percent a year earlier.
Lufthansa aims to lift operating margins to 8 percent-10 percent between 2028 and 2030 from 4.4 percent in 2024, but strikes by workers, including the most recent on February 12, have made it harder to boost profitability.
Bernstein analyst Alex Irving said ongoing weakness in the passenger airline segment persisted, but that strong performances in Cargo and Lufthansa Technik helped lift profits.
The carrier said the outlook for 2026 was unclear due to geopolitical uncertainty. It projected capacity growth of 4 percent, alongside increased revenue and profit margin.