(Topsoe) The transportation sector accounts for 14% of the world’s GHG emissions. This is why governments and states worldwide are taking measures to lower GHG emissions through subsidies and legislation. In fact, 137 countries have pledged to be carbon-neutral, and most are aiming for a year 2050 deadline.
Aviation is responsible for 8% of the transport sector’s emissions, so there is no way the aviation industry can fly under the radar. Change is coming, and sustainable aviation fuels (SAF) will be in high demand. The demand for SAF is projected to be around 15 Mt in 2030 and 200 Mt in 2050, and in the long run, both biojet and eJet fuels are expected to overtake fossil jet fuel.
So, will there be clear skies ahead?
According to the legislators, yes. Blending mandates for sustainable aviation fuel are being discussed and implemented globally. The EU aims for 65% in 2050, and some countries have stated even more ambitious SAF targets. And there is a strong interest from corporates, airlines, and cargo carriers to explore and increase the use of sustainable aviation fuel. READ MORE
Future of renewable jet fuel faces questions despite hefty new incentives (Agri-Pulse)
Excerpt from Agri-Pulse: It could take years for sustainable aviation fuels to take off despite significant, but temporary, new tax credits included in a newly enacted package of financial incentives intended to jump-start progress on the Biden administration’s climate goals. READ MORE