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.”
Ray Monty
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