United Kingdom
United States
Asia Pacific
Incentives needed to boost sustainable aviation fuel usage
The International Air Transport Association (IATA) is seeking government aid to rapidly expand the use of sustainable aviation fuels (SAF) .
Airlines called for large-scale incentives to achieve net zero carbon emissions by 2050.
IATA says current estimates would require an annual production capacity of 449 billion litres to reach that.
Investments are currently place to expand SAF annual production from the current 125 million litres to five billion by 2025.
With effective government incentives, IATA says, production could reach 30 billion litres by 2030, which it calls the tipping point for SAF production.
“Clean energy solutions are now cheap and widely available. With similar incentives for SAF, we could see 30 billion litres available by 2030. It would be a clear tipping point towards net zero,” said Willie Walsh, IATA’s Director Genera.
Walsh was speaking at the 78th IATA Annual General Meeting in Doha.
More than 38 countries have SAF-specific policies and airlines have entered into $17 billion of forward-purchasing agreements for SAF, Walsh said.
“Further investment in production needs support from the right policies. This would boost supply and drive down costs.”
Related News Stories:
Ray Monty
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Protestors now targeting Amsterdam cruise calls
Unexpected wave rocks cruise ship