Meeting EU’s new SAF mandate could halve aviation emissions by 2050 -EU agency
Meeting the EU’s new mandate for sustainable aviation fuels could cut the bloc’s net CO2 emissions by nearly half in 2050 — although the sector will still have to rely on carbon offsets to reach net zero, an EU aviation agency said in a report on Tuesday.
Read MoreVCM Report: Shell keeps up retirement spree, jump in North American prices keep voluntary market ticking over
Shell continued its voluntary carbon credit retirement spree last week to keep the market ticking over, amid a quiet start to the year that is relying on pockets of North American demand to prop up prices.
Read MoreBRIEFING: UK mandate mounts pressure on aviation sector, as Heathrow accelerates SAF adoption
Heathrow Airport has increased its incentive scheme for sustainable aviation fuel, aiming to boost it to 3% of total jet fuel use in 2025 — but UK industry is under heat to meet growing need for the cleaner fuel, faced with challenges including project finance and access to resources.
Read MoreEU aviation growth trajectory to deplete carbon budget by 2026 -report
Europe’s aviation industry is set to double passenger traffic by 2050, a trajectory “irreconcilable” with the region’s climate goals, with the sector on course to deplete its carbon budget as early as 2026, according to a report released on Monday.
Read MoreDAC-based synthetic aviation fuels to redefine flight path to net zero -researchers
Direct air capture-based synthetic fuels could offer a cheaper and more comprehensive pathway to climate-neutral aviation by 2050 compared to carbon offsetting strategies, according to researchers.
Read MoreUS Treasury issues overdue biofuels tax credit guidance
The US Department of Treasury and Internal Revenue Service (IRS) on Friday released highly anticipated guidance on the 45Z Clean Fuels Production Credit (CFPC), but industry members remained disappointed over its lack of detail.
Read MoreBhutan publishes ART TREES concept note, aims for ITMOs
The Secretariat of the ART TREES standard on Friday announced it had added Bhutan’s jurisdictional REDD+ concept note to the ART Registry, wherein the Himalayan country has also committed to following protocols to issue Internationally Transferred Mitigation Outcomes (ITMOs) under the Paris Agreement.
Read MoreJapanese player partners with coal miner for SAF project
A Japanese conglomerate is partnering with a coal miner and an agricultural startup in a further step toward sustainable aviation fuel (SAF) in Australia this week, with a view to earning carbon credits.
Read MoreBRIEFING: UK to rely heavily on removals and emissions trading to reach its 2050 jet zero target
Only 36% of the UK’s ability to achieve net zero emissions in aviation by 2050 will come from low-carbon fuels and technologies and improved fuel efficiency, with the remainder to come from abatement outside the aviation sector and trading under the UK ETS and global aviation offsetting scheme, according to government projections.
Read MoreGabon to introduce carbon levy for air, maritime transport
Gabon will require air and maritime transport operators to pay a new ecological contribution tied to their carbon emissions, following the adoption of a decree by the Central African country’s government on Sunday.
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