The world is currently obsessed with cutting global emissions, and the aviation industry is now in the spotlight as the next sector that needs to ‘Go Green’. So, the race for low and no-carbon jet fuel is well underway.
In a bid to bounce back after the 2020 pandemic restrictions that sent many airlines into bankruptcy, companies across the aviation industry are competing to find the most reliable and efficient low-carbon jet fuel.
The fuel alternative response came after international and consumer pressure, particularly following the recent COP26 summit.
In 2019, CO2 emissions from the commercial aviation industry totaled 918 million metric tonnes, up 29% from 2013.
This figure is expected to rise sharply in the coming decades, with emissions tripling over the next 30 years if passenger travel continues to grow at its current rate, increasing by around 300% between 1990 and 2019.
Now, with pressure from international organizations, governments, and environmental activists, airlines are finally looking to de-carbonize in line with country aims for net-zero.
In October, the International Air Transport Association (IATA) announced its plan for net-zero carbon emissions by 2050, following several similar pledges from European and U.S. airlines.
One of the biggest difficulties in de-carbonizing is the need to reduce carbon emissions at the same time as passenger numbers increase, meaning more flights every year, with an anticipated 10 billion people flying annually by 2050.
Oil Price.com / ABC Flash Point News 2021.