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1、Decarbonising the FutureNavigating ETS Reforms and Net Zero SolutionsContentsForeword 4Introduction 6Aviation 14Data Centres 26Construction&36 Shipping Manufacturing 46The Paradigm Shift 563ForewordWhilst abatement projects,and innovation that reduces emissions across all sectors is the ultimate lon
2、g-term goal,technology and funding availability remain major barriers to more widescale implementation currently.In the short-term,companies need to make use of market-based mechanisms to manage carbon price risk and begin the transition to net zero.Whether that be the implementation of a purchasing
3、 strategy for carbon allowances,contracting green certificates/PPAs for power or use of alternative biofuels,those companies that act early will be best placed to manage the future net zero challenge.This report examines the position of companies in key sectors across the UK and Europe,analysing whe
4、ther organisations are ready for the net zero transition.We surveyed 500+large-scale organisations across the aviation,construction,shipping,data centre and manufacturing sectors,to investigate which solutions they are using to meet net zero ambition and also to understand how those impacted by the
5、EU ETS and UK ETS are preparing for the changes to come.Our findings offer an encouraging view,with respondents showing a good understanding of the different solutions and challenges.The vast majority of respondents also stated they taken steps to plan for higher carbon costs in the future,however,t
6、hey also highlighted major hurdles to decarbonise such as funding,regulations,technology availability and knowledge.Overcoming these barriers is a challenge,but its a necessity for your business,for your industry and for our planet.Weve authored this report to provide a picture of decarbonisation ac