Achieving net zero aviation will cost $175bn per year until 2050 and immediate action this decade, says report

A new report on sustainable aviation says an annual average investment of $175 billion will be needed from now until 2050 for the air transport sector to meet its target of net zero carbon emissions. It also says the current project pipeline for sustainable aviation fuel must increase five-to-sixfold by 2030, requiring 300 new production plants, and estimates that SAF production levels “need to increase by a factor of 3,000-7,000 within less than three decades”. The report was produced by the Mission Possible Partnership (MPP), a collective of climate action leaders committed to decarbonising the world’s highest-emitting industries, and the Clean Skies for Tomorrow Coalition (CST), a global SAF advocacy group led by the World Economic Forum, reports Tony Harrington. “An unmitigated aviation sector would be responsible for 22% of emissions by 2050,” warned MPP CEO Matt Rogers. Those endorsing the transition strategies outlined in the report include Airbus, American Airlines, Air France-KLM, easyJet, bp and Shell. [...]

GreenAir Online

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