RECCE 2035: Resource to Climate Comparison Evaluator
Globally, the aviation industry is responsible for 2-3% of greenhouse gas emissions due to the CO2 released in making and burning fossil jet fuel. However, accounting for non-CO2 emissions and considering all parts of the sector – from energy and fuel production to distribution and flight – likely increases the climate impact of aviation by more than two-fold.
The industry is currently deliberating between many alternative aviation fuel and technology options to replace fossil jet fuel. A holistic view of the aviation sector is absolutely essential in order to make appropriate and evidence-based choices that minimise the industry’s resource requirements, costs and climate impact.
RECCE, the Resource to Climate Comparison Evaluator, aims to provide such a view by presenting a detailed breakdown of where in the system emissions occur and where the uncertainties are, as well as providing a scaled perspective of the resources and costs involved in producing alternative aviation fuels. To generate this data, the Aviation Impact Accelerator’s whole systems model has been run in 2035, at both ends of the uncertainty spectrum.
NB Climate impact is shown for each 2035 option, relative to the in-flight CO2 released in an equivalent 2035 fossil-fuelled aircraft flying the same distance, on a 100-year basis.
The Resource to Climate Comparison Evaluator (RECCE) IS AN INFORMATIVE TOOL AND DOES NOT EQUAL ADVICE. Any Use of the RECCE is carried out subject to acceptance of this DISCLAIMER and at the user’s own risk. The results presented by the RECCE utilizes available data provided by aviation business leaders, policy makers and academics as part of the AIA at a given point in time. The RECCE may be subject to revision on an ongoing basis and may be updated as knowledge in this area develops.
No Financial Advice
The results presented by the RECCE do not comprise, constitute, or provide, nor should they be relied upon for any commercial purposes, as investment or financial advice, credit ratings, an advertisement, an invitation, a confirmation, an offer or solicitation, or recommendation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any financial service. They are designed for research use only and are not designed for or tested for providing information on which to base financial, investment or operational decisions. The results presented by the RECCE do not purport to quantify risk to a fund (or any part thereof), nor make any representation in regard to performance, strategy, prospects, creditworthiness, or risk associated with any investment, nor their suitability for purchases, holding or sale in the content of a particular portfolio.
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