NEW YORK - Canada's largest airline has inked a deal seeking to bring in more lower-carbon aviation fuel from green hydrogen and carbon dioxide by 2025, Air Canada and its partner company told Reuters on Thursday as efforts to reduce airplane emissions accelerate.
Air Company has already partnered with JetBlue , Virgin Atlantic and Boom Supersonic, which have collectively agreed to purchase more than one billion gallons of the fuel. Air Canada and Air Company did not outline if there were financial terms to their agreement. Investments to produce SAF, more typically made from biomass such as used cooking oil and animal fat, have grown in recent years as governments bolster efforts to fight climate change.
The United States produces around 24.7 billion gallons of petroleum-based jet fuel annually. By comparison, President Joe Biden's administration has targeted 3 billion gallons of SAF production per year in the United States by 2030.
Source: News Formal (newsformal.com)
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