33 °C Singapore, SG
May 13, 2022
Latest News
European passenger plugin car market is still expanding Air Canada takes off with sustainable aviation fuel from San Francisco BrightNight expands into Australia GE Awarded 9HA Gas Turbine Order to Deliver Approximately 2 Gigawatts of Electricity in Guangdong, China Taking Action: Energy-Related Climate Change Mitigation Policies in ASEAN Meralco floats a tender of 850 MW renewable energy capacity Genex starts construction at flagship pumped hydro storage project GM bets on fuel-cell as battery shortcomings hamper clean energy transition Masdar and Cosmo Energy to explore renewable initiatives in Japan El Salvador Eyes Major Renewables Push Under New Partnership with IRENA Iberdrola eyes 3.5GW offshore wind in Philippines BP and Maersk successfully carry out marine biofuel trials The Korean way towards green growth Exxon Following Blockbuster Video to Oblivion, Investment Exec Warns Getting real about the hydrogen economy Electrification to decarbonise Singapore’s energy system New method of scoring carbon emissions to power sustainable software GoodFuels and REG collaborate on marine biofuel development SP Group and Banpu NEXT partner on smart city solutions across Asia Pacific North Sea Oil Faces ‘Death Knell’ after Shell Quits Cambo Oilfield Three Studies Predict More Frequent, Devastating Storms as Temperatures Rise China Briefing, 2 December 2021: Quarterly emissions fall; Power shortages’ impact; China-Russia energy cooperation A renewable energy company in Thailand has electric vehicle dreams China Briefing, 18 November 2021: Xi-Biden meeting; Methane emissions; ‘Historic new high’ for coal Asian Youth Demand Real Climate Action John Walker emphasises practicing ESG values in everyday life ‘The best way to predict the grid of the future is to shape it’ – SP Group CEO Analysis: Nine key moments that changed China’s mind about climate change Espinosa Warns of ‘Catastrophic’ Consequences if COP 26 Fails Rolls-Royce successfully carries out test flight on 100% SAF

G7 leaders urged to support SAF

The importance of Sustainable Aviation Fuel (SAF) to decarbonisation of the aviation sector has been raised during a meeting of the Prince of Wales’ Sustainable Markets Initiative (SMI).
As part of the UK-hosted G7 Summit, world leaders were challenged to collectively commit to mandates for the use of SAF.

During discussions on the need for coordinated action to tackle climate change, SMI member Heathrow Airport said that aviation was a force for good, connecting people, cultures and enabling trade, but reducing carbon was essential to protecting those benefits in a net zero world.

It was proposed that the G7 should commit to at least a 10% use of SAF by 2030, supported by price incentives.

Heathrow CEO John Holland-Kaye told the meeting: “We all agree that stopping climate change is the biggest challenge facing our planet.

“The G7 has already shown leadership by agreeing a global minimum corporate tax, and if we can tap into that collective spirit to collectively commit to a mandate for at least 10% use of sustainable aviation fuel by 2030 and the right price incentives to use it, we will ensure our children can have the benefits of flying without the carbon cost.”

Velocys fully supports the use of appropriate policy measures to drive the incentivisation of both SAF production and usage, and believes our technology solution will play an essential role in driving forward aviation’s move to net zero.Source

Leave a Reply

Your email address will not be published.