European aviation faces more than €?800bn in extra costs to reach net zero emissions by 2050, according to industry estimates that highlight the challenge facing the sector as it decarbonises.
The industry has committed to hitting net zero carbon emissions through a mix of new technologies, notably alternative fuels, as well as carbon offsets and more efficient aircraft, engines and air traffic management.
Reaching net zero would need “considerable additional efforts compared to business as usual”, and would cost €820bn over a 32-year period from 2018 to 2050, according to a report commissioned by airline industry bodies.
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