Sustainable aviation fuel
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Environmental concerns - energy - renewable energy - fossil fuels - alternatives.
(SAF).
Sustainable aviation fuel is a biofuel alternative to conventional fossil fuel derived aviation fuel.
It is made from renewable plant and animal materials, resulting in relatively lower greenhouse gas emissions compared with conventional aviation fuel.
- Heathrow's SAF incentive scheme
- Samantha Boyd, Heathrow’s treasury markets and liquidity manager, agrees that Heathrow is in a good position to influence the global aviation sector.
- “We have schemes in place such as the sustainable aviation fuel (SAF) incentive, so the more polluting aircraft pay a slightly higher fee, and that increase creates an incentive pot that we then rebate the airlines bringing in SAF into our fuel supply,” she explains.
- “And the rebate is equivalent to halving the gap between standard kerosene fuel versus sustainable aviation fuel.”
- The Treasurer - Issue 3 of 2024 - page 48.