2023-11-18 13:00:00
Boeing and the United States launches an initiative to catalyze the development and use of sustainable aviation fuel (SAF) among member countries of the Asia-Pacific Economic Cooperation (APEC).
In an effort to support APEC economies’ efforts to expand SAF supply, the U.S. Department of Transportation and the Federal Aviation Administration (FAA) will partner with Boeing to sponsor this project as part of the SAF Working Group. APEC transport. The initiative will address potential challenges facing APEC economies in creating and growing nascent SAF markets, including:
- Identify the availability of sustainable raw materials for SAF
- Analyze new ways to optimize SAF production
- Leverage existing industries and infrastructure for SAF production
- Enable the development of SAF specific policies for production and use
- Explore SAF accounting mechanisms, including accounting and claims.
“This initiative will enhance the SAF ecosystem in the APEC region by capturing best practices and case studies from economies with more developed SAF markets while providing guidance and support to economies seeking to establish new SAF markets and enabling a policy toolbox to ensure regional cohesion in SAF policies and regulation”says Boeing in its press release.
The SAFwhich significantly reduces lifecycle carbon emissions from jet fuel, is essential to meeting the goals set by the International Civil Aviation Organization (ICAO) and the civil aviation industry to achieve zero emissions net carbon from here 2050. SAF certified for use today can reduce life cycle CO2 by up to 85% and holds the greatest potential to reduce aviation emissions over the next 30 years, but the main challenges of greatest use are a limited supply and one high cost. Current use of SAF by airlines represents 0,1 % of global demand for jet fuel.
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