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Global aviation’s best shot at going green will cost airlines $2trn

Global aviation’s best shot at going green will cost airlines $2trn

Anurag Kotoky and Elizabeth Low

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In Tuas, Singapore’s industrial-heavy district, Finnish company Neste Oyj is building what will one day be the world’s largest facility for sustainable aviation fuel.

Once up and running in 2023, the plant should produce 1 million metric tons a year – a decent amount, but still less than 0.3 per cent of annual global jet fuel demand. What little there is will be expensive: SAF costs as much as five times as traditional jet fuel, itself coming off a 14-year peak.

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Bloomberg

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Original URL: https://www.afr.com/link/follow-20180101-p5bjsj