A deal has just been struck to make sustainable jet fuels mandatory for all EU flights. This is a huge step towards reducing carbon emissions and mitigating the effects of climate change and believe that it is a positive step towards creating a greener future for all.
Why Sustainable Aviation Fuel (“SAF”) is Important
The aviation industry is responsible for a significant amount of carbon emissions. It is estimated that aviation accounts for around 2% of global CO2 emissions. This might not seem like much, but it is a significant contributor to climate change. The use of sustainable aviation fuels can help to reduce these emissions by up to 80%. Sustainable aviation fuels are produced from renewable sources such as agricultural waste, algae, and other sources. They are not only more environmentally friendly but also have the potential to reduce the dependence on fossil fuels.
The Deal
The EU has set a target to reduce carbon emissions by 55% by 2030. To achieve this goal, the EU has agreed to make sustainable aviation fuels mandatory for all flights within the EU. This is a huge step towards reducing carbon emissions and mitigating the effects of climate change. The deal was reached by the European Parliament and the Council of the EU and will come into effect in 2025. This means that all airlines operating within the EU will have to use sustainable aviation fuels for at least 2% of their total fuel consumption.
Benefits of Sustainable Aviation Fuel
There are several benefits of sustainable aviation fuel that make it a viable option for the aviation industry. Here are a few of them:
Reducing Carbon Emissions: SAF can help to reduce carbon emissions by up to 80%. This is a significant reduction that can have a positive impact on the environment.
Decreasing Dependence on Fossil Fuels: The use of SAF can decrease the aviation industry’s dependence on fossil fuels. This can help to reduce the impact of fossil fuel extraction on the environment.
Creating New Job Opportunities: The production of SAF can create new job opportunities in the renewable energy sector. This can help to boost the economy and reduce unemployment.
Enhancing Energy Security: The use of SAF can enhance energy security by reducing dependence on foreign oil imports.
DirectorsTalk Interviews caught up with Jeff Chatfield, Executive Chairman of Avation PLC (LON:AVAP), for his reaction to the news….
“Making sustainable aviation fuel (“SAF”) mandatory in the EU starting in 2025 ties in nicely with the expected certification of ATR aircraft capable of 100% SAF in 2025.
As Avation PLC is one of the leading aircraft lessors for ATR aircraft we fully support this EU regulation aiming to reduce CO2 emissions.”
The deal to make sustainable aviation fuels mandatory for all EU flights is a huge step towards creating a greener future for all. The use of sustainable aviation fuels can help to reduce carbon emissions, decrease dependence on fossil fuels, create new job opportunities, and enhance energy security. We applaud the EU’s decision to make sustainable aviation fuels mandatory and hope that other countries will follow suit. It is essential that we take action now to mitigate the effects of climate change and ensure a sustainable future for generations to come.
