The UK aviation industry is at risk of falling behind other nations because it has to import all its green fuel, managers at Heathrow Airport have warned.
Heathrow aims to triple its use of sustainable aviation fuel, made from ingredients including agricultural waste and used cooking oil, but says it needs more government help to compete with the US and Europe.
Airport chief executive John Holland-Kaye said Heathrow had “led the way on decarbonising aviation” through the use of SAF, but all of it was imported.
The fuel reduces carbon emissions by up to 70 per cent compared with traditional jet fuel, but is several times more expensive to produce.
“Sustainable aviation fuel is not just about protecting the benefits of aviation in a net-zero world,” Mr Holland-Kaye said.
“It's about economic opportunity, creating jobs here in the UK and securing the country's future energy supplies.
“Heathrow has led the way on decarbonising aviation by incentivising airlines to use Saf, and Team Heathrow is now probably the biggest user of SAF in the world.
“But it is currently all imported. If Britain really wants to compete with the scale of ambition and the credible action seen from the US and Europe, supportive government policy is needed and it is needed now.”
Heathrow runs a scheme to provide the fuel to airlines and covers up to half the extra cost through a £38 million fund.
Last year, 0.5 per cent of the fuel bought at Heathrow was through the initiative, which was oversubscribed. The airport announced on Tuesday it intended to raise the figure to 1.5 per cent in 2023.
It is aiming for sustainable fuel usage of 11 per cent by the end of the decade.
Airlines using SAF include British Airways' parent company IAG, Virgin Atlantic, United Airlines, Air France, KLM and JetBlue.
Heathrow fears a tax credit scheme in the US designed to lure investors in SAF production could mean that the UK misses out.
It wants the government to introduce a mechanism that would reduce the difference in price between sustainable and traditional jet fuel.
The UK has plans for at least five commercial-scale sustainable aviation fuel plants to be under construction in the country by 2025.
The government has invested money in developing the sites, and proposed that airlines operating in the UK must ensure the sustainable product makes up at least 10 per cent of their fuel by 2030.
The fuel can work in existing aircraft without the need for technical modifications.
Five personal finance podcasts from The National
To help you get started, tune into these Pocketful of Dirham episodes
·
Balance is essential to happiness, health and wealth
·
What is a portfolio stress test?
·
What are NFTs and why are auction houses interested?
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How gamers are getting rich by earning cryptocurrencies
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Should you buy or rent a home in the UAE?
Who are the Soroptimists?
The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.
The organisation said its name is best interpreted as ‘the best for women’.
Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.
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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Saudi Arabia
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South Korea
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MATCH INFO
Group B
Bayern Munich v Tottenham, midnight (Thursday)
The biogs
Name: Zinah Madi
Occupation: Co-founder of Dots and links
Nationality: Syrian
Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2
Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”
Name: Razan Nabulsi
Occupation: Co-founder of Dots and Links
Nationality: Jordanian
Family: Married, Mother of Yahya, 3.5
Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”
The biog
Name: Samar Frost
Born: Abu Dhabi
Hobbies: Singing, music and socialising with friends
Favourite singer: Adele
Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
UAE currency: the story behind the money in your pockets
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
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
FIXTURES
December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm
December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm
December 30
3rd/4th place play-off, 5pm
Final, 7pm
Scream%20VI
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Ferrari 12Cilindri specs
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Power: 819hp
Torque: 678Nm at 7,250rpm
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
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Available: Now
