Meeting the net zero carbon emissions target by 2050 is a “massive challenge” for the aviation industry but it offers a huge opportunity for the sustainable aviation fuel (SAF) sector, which is already being propelled by the Covid-19 pandemic, industry experts said.
Investments in the SAF industry and work towards achieving global climate commitments have accelerated in the past few months, as the aviation industry is working hard for a green recovery, said Nancy Young, vice president of environmental affairs at the trade body Airlines for America, in Washington.
“It is remarkable to see that we continued working on the climate crisis even in the middle of the pandemic,” said Ms Young, who was speaking at a How Airlines and Fuel Producers are trying to Fly Carbon-Free session organised by the Energy Intelligence Forum.
“We have seen a lot efforts made by our members to push the SAF industry … things are moving in terms of our expectation as we are working hard for a green recovery,” she said.
The aviation sector came to a grinding halt as a result of the Covid-19 pandemic, but demand is beginning to recover because of the increased pace of vaccine distribution in many countries.
On Monday, global airlines adopted a resolution to reach net-zero carbon emissions by 2050 as they come under increasing pressure from climate change activists over the effects of their operations.
The International Air Transport Association has set out a strategy to achieve this target through the use of SAF, new aircraft technology, more efficient operations and infrastructure and developing energy sources such as electric and hydrogen power.
“The pandemic created many opportunities for the companies to take a step back and think about the future … it created a point where both companies and countries are now thinking of ways to come back strongly from the pandemic and accelerate the green efforts,” said Jimmy Samartzis, chief executive of Chicago-based sustainable fuels technology company Lanzajet.
“The pandemic was a moment when most of the companies set new climate goals … it [boosted] interest in the future and accelerated the efforts towards the commercialisation of SAFs,” he said.
Under Iata's plan, the use of SAF would contribute 65 per cent towards achieving net-zero carbon by 2050, new aircraft technologies (such as electric or hydrogen propulsion) would contribute 13 per cent, off-setting or carbon capture 19 per cent and improving infrastructure and operations (particularly air traffic management) would contribute 3 per cent.
Despite the Covid-19 pandemic, the “airlines did not stop their efforts towards achieving sustainability goals”, said Thorsten Lange, executive vice president for renewable aviation at Neste – an oil refining and marketing company in Espoo, Finland.
“Public awareness on sustainability has grown substantially and now we are seeing growing climate commitments in the aviation industry around the world.”
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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The Gentlemen
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Stars: Colin Farrell, Hugh Grant
Three out of five stars
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Global state-owned investor ranking by size
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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South Korea
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Key recommendations
- Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
- Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
- Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
- More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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Player Career Award: Miralem Pjanic and Ryan Giggs
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Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium, Malayisa
Kick-off: Thursday, 4.30pm (UAE)
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