Changing travel habits, increased air cargo traffic and growth in emerging markets are increasing demand for air travel, and, therefore, jet fuel, year on year. Demand has already caught up with the pre-pandemic levels last year and this will continue growing until at least 2050. This demand means that many governments are turning to sustainable aviation fuel (SAF) that meets the sustainability criteria under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) - to help mitigate the resulting greenhouse gases. Globally, 28 SAF policies are in place or under development. The World Economic Forum predicts more than 17 million tonnes of SAF will be required by 2030. It can be made from renewable sources, or waste products such as cooking oil or agricultural waste, and there are technologies to produce SAF from CO2 and hydrogen under development. Despite this progress, there is expected to be a gap between the demand for SAF and the global production capacity. What...
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