- What companies have pledged to use SAF when it is more readily available
- When we can expect SAF to be substituted for regular jet fuel
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More than 50 airlines, oil companies and other companies, including Delta (DAL), BP (BP) and Boeing (BA), pledged on Wednesday to replace 10% of global jet fuel supply with sustainable aviation fuel (SAF) by 2030. Produced mainly from recycled food and agricultural waste, such as used cooking oil, SAF is a type of biofuel that cuts greenhouse gas emissions by 80% compared to conventional jet fuel, and is viewed as critical to reducing aviation’s fast-rising carbon emissions.
Given that electric and hydrogen-powered planes won’t be available for at least another decade, even for short-haul flights, SAF “holds one of the most important keys to decarbonizing aviation,” said Matteo Mirolo, aviation policy officer at Transport & Environment, a green campaign group in Europe.
Who will pay is unclear. Germany’s Lufthansa (DLAKY) says fewer than 1% of its passengers currently make use of an option to offset their CO2 emissions by paying more for their tickets to cover the extra cost of using SAF.
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