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Why India Could Dominate The Sustainable Aviation Fuel Market
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Summary
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. Last year, the International Air Transport Association (IATA) revealed that sustainable aviation fuels (SAF) production represents only 0.6% of total jet fuel consumption, well below the 65% target by the global aviation industry to reach net-zero carbon emissions by 2050. SAF currently costs two to five times more than conventional jet fuels, with the hefty price premium creating a significant economic barrier for airlines that operate on razor-thin margins.
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