GOVERNMENTS and industries, including the aviation sector, are at risk of falling short of their legally binding commitments to achieve net-zero carbon by 2050, according to a recent study by consultants KPMG, reports New Jersey's Aviation International News.
The report dismisses incremental changes as insufficient and highlights the aviation industry's sluggish progress, asserting that reaching the 2050 net-zero target depends on significant increases in sustainable aviation fuel (SAF) production and government incentives.
The NetZero Readiness Report 2023 emphasizes the aviation sector's challenge in rapid decarbonisation due to lengthy timelines for developing and delivering new aircraft.
kpmg aviation strategy partner Christopher Brown notes that 2050 is a near-future deadline for this sector.
KPMG analysts express skepticism about the aviation industry's ability to scale up SAF use quickly enough to entirely replace conventional jet-A fuel, deeming it challenging.
Aviation head Malcolm Ramsay advocates for stronger government incentives to encourage fuel producers to ramp up output and rebalance the supply-demand equation.
The report suggests that achieving net-zero goals is hindered by various factors, including high levels of public debt, domestic political tensions, and resistance to decarbonisation among governments and elected officials.
SeaNews Turkey
The report dismisses incremental changes as insufficient and highlights the aviation industry's sluggish progress, asserting that reaching the 2050 net-zero target depends on significant increases in sustainable aviation fuel (SAF) production and government incentives.
The NetZero Readiness Report 2023 emphasizes the aviation sector's challenge in rapid decarbonisation due to lengthy timelines for developing and delivering new aircraft.
kpmg aviation strategy partner Christopher Brown notes that 2050 is a near-future deadline for this sector.
KPMG analysts express skepticism about the aviation industry's ability to scale up SAF use quickly enough to entirely replace conventional jet-A fuel, deeming it challenging.
Aviation head Malcolm Ramsay advocates for stronger government incentives to encourage fuel producers to ramp up output and rebalance the supply-demand equation.
The report suggests that achieving net-zero goals is hindered by various factors, including high levels of public debt, domestic political tensions, and resistance to decarbonisation among governments and elected officials.
SeaNews Turkey