Australia is producing feed stock used to create biofuels in other parts of the world and paying “seriously inflated” costs to import the fuels back, a Boeing executive said.
Dr Nelson, a former federal Liberal MP and party leader, said passengers would have to bear the inflated cost of these fuel sources if Australia could not develop capabilities soon.“We are producing feed stock, sending it to other parts of the world and then have to buy it back in at a seriously inflated cost for Australians who need to travel long distances to the rest of the world.”Aviation made up 2.
The British government has considered mandating that jet fuel providers blend SAF into their products, and last October said it would pour £180 million intoMeanwhile, the US has issued itself a grand challenge for SAF to make up 100 per cent of jet fuel needs by 2050, and started a range of grants to encourage work towards this.
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