WSJ Pro, (2023, July 19). Sustainable Aviation Fuel Leader Talks Green Premiums and Impact of Tax Incentives. Retrieved August 29, 2023, from https://www.wsj.com/articles/sustainable-aviation-fuel-leader-talks-green-premiums-and-impact-of-tax-incentives-22f77d81?mod=Searchresults_pos2&page=1
At a time when carbon emissions are being heavily discussed, sustainable aviation fuel companies are becoming more popular. Many airlines are starting to invest in these companies in pursuit of less carbon emissions. An obstacle that these companies are facing is the cost of producing these sustainable fuels. They cost about 2.3 times more to produce than regular jet fuel. A possible way to lower the cost of SAF is having the airlines give their customers the option of purchasing SAF. Over time, the production of SAF will become more widespread.
I agree with the article that airlines should offer their customers the option of purchasing SAF before their flight. SAF can have up to 80% lower carbon emissions than standard aviation fuels depending on how it is produced. This would be a great step towards net zero emissions for the aviation industry. I believe that the companies manufacturing SAF are taking the right path towards a greener future in aviation.
This is really interesting and I haven’t heard about this. Do you think that the government would be willing to pay for the production of these new sustainable fuels? Do you think that the cost would make others turn away from investing for the sake of carbon emissions?
It’s good to see that we’re on track to reducing aviation emissions, even if it’s a small step. How exactly would customers purchase SAF? How much would it cost?