
The study, called ‘Green Skies Thinking‘, was published today by right wing think-tank Policy Exchange, and advocates the phase-in of an EU Sustainable Bio-Jet Fuel Blending Mandate by 2020, which would force aviation companies to commit to a rising proportion of jet fuel from sustainable bio-jet fuels.
The study also mentions that advanced biofuels should be the focus of development.
Gas 2.0 summarized the report with these key recommendations:
- The introduction of a EU Sustainable Bio-Fuel Jet Mandate, starting from 20% of aviation fuel in Europe being sourced from or blended with bio-fuel in 2020 and rising to 80% in 2050. The report claims this could reduce EU aviation sector carbon emissions by 60% by 2050 and save the UK £37.41 billion between 2020 and 2050.
- Minimising the cost of supplying sustainable bio-jet fuels to ensure its production cost drops to around $80 a barrel by 2030, and $70 by 2050, which the report says compared well with the average jet fuel price between 2000 and 2008 of $62.29.
- An increase in UK support for companies conducting research and development (R&D) into producing sustainable biofuels; in particular increasing the current R&D tax credit regime to include companies researching bio-jet fuels. Along with further tax support for the sector, it claims the support would cost less than £5 million a year.
- Charging the Renewable Fuels Agency, which administrates the Renewable Transport Fuel Obligation, with the task of drawing up and enforcing standards to ensure bio-jet are produced sustainably and reduce greenhouse gas emissions.
My Best Regards to
1 comment:
Dear Dr Abd elfattah,
Thanks a million for this useful information, and I hope the advanced biofuels will seriously be the focus of rural development.
Your Brother,
Mohamed El-Esawi
Ireland
Post a Comment