However, aviation and shipping, which are among the biggest contributors to emissions, may find it hard to achieve this target. Although there is progress, it is still difficult to produce energy sustainably as demand for fossil fuels will reach its peak before 2020.
The net-zero target of the aviation sectors can only be achieved through sustainable aviation fuels (SAFs). At present, with booming SAF offtake agreements, capacity still lags, ices range between 20-40 dollars per barrel–way above conventional fuel jet fuel jete way forward towards net zero remains arduous, albeit governmental incentives bring hope.
Shipping’s Slow Progress
Decarbonization is not happening fast enough and is lagging behind international shipping, which makes up 80% of global trade. The shift is compounded by delayed technologies and an ageing fleet. There is a cost to vulnerable nations even though it’s cleaner energy standards.
Challenges and Costs
There are high expenses, technical hurdles, and infrastructural requirements in both of these sectors. Environmental objectives must be balanced with economic realities. The increased decarbonization targets are a pointer that urgent reduction of emissions is imperative.
Aviation and shipping encounter issues of production, economic effects and high level -carbonisation with a view of going to zero emissions.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: The National