Velocys supports Clean Skies for Tomorrow policy proposal
21 Oct 2020
Velocys gives support to the World Economic Forum-backed strategy to delivery EU and UK aviation’s net zero targets.
As a member of the Clean Skies for Tomorrow (CST) initiative, a coalition of leading airlines, airports, manufacturers and fuel providers working together to find solutions to reach net zero emissions from global aviation by mid-century, Velocys has given its support to a new joint policy proposal from the group to accelerate the deployment of sustainable aviation fuels (SAF) in Europe.
European members of the CST have recommended the following package of policies to support the technological development and early deployment of SAF and drive up SAF demand:
- Support innovation to bring lignocellulosic/bio-waste and power-to-liquid pathways to market
- Support SAF provision through price floors guaranteed by government during the early stages of deployment
- Support early deployment by de-risking investment in the first wave of production facilities
- Announce in 2021 a SAF blending mandate for European aviation to be enforced by no later than 2025 with a blending level increasing progressively over time to 2050
Commenting on the publication, Henrik Wareborn, Velocys CEO, said:
“The analysis of the Clean Skies for Tomorrow initiative shows a robust, realistic path to net zero aviation, mainly through sustainable aviation fuels (SAF). Velocys’ Altalto Immingham waste-to-jet-fuel project, the first of its kind in the UK and Europe, offers a SAF supply solution that is ready now and an example for future projects. But this vital industry can only develop with the policy support advocated by the CST.”
To find out more about the Clean Skies for Tomorrow coalition and the report, please view:
https://www.weforum.org/projects/clean-skies-for-tomorrow-coalition
