EXCLUSIVE U.S. Airlines to Support Higher Sustainable Aviation Fuel Target by 2030 -sources
WASHINGTON, Sept.8 (Reuters) – Major U.S. airlines plan to announce Thursday that they will support a voluntary industry target of 3 billion gallons of sustainable aviation fuel by 2030 as the White House seeks to reduce emissions from the aviation sector, sources told Reuters.
Airlines for America, an industry trade group, set a 2030 target for the production and deployment of 2 billion gallons of sustainable aviation fuel (SAF) in March. SAF, made from raw materials such as used cooking oil and animal fat, currently accounts for only a tiny amount of overall jet fuel use.
The group declined to comment on Wednesday. A virtual White House event on sustainable aviation is scheduled for Thursday, industry and government officials said.
The goal of sustainable aviation fuel will be detailed at this event, sources briefed on the matter said.
The airline group, which represents United Airlines (UAL.O), Delta Air Lines (DAL.N), American Airlines (AAL.O) and others, will commit to working with the U.S. government and others to help to rapidly expand production and deployment. of “commercially viable” SAF, sources say.
Asked to comment on the meeting, White House aide Ali Zaidi said in a statement “We need to act quickly to support the technological innovation and infrastructure needed to move to more sustainable fuels now – and make real progress. by the end of this decade “.
The White House meeting will discuss the administration’s “whole-of-government strategy to achieve a net zero carbon aviation sector by 2050” and will include airlines, fuel suppliers, airports, unions and aircraft manufacturers.
Industry participants “will share their commitments to reduce emissions in the aviation sector through improvements in aircraft technology, fuels and operational improvements,” according to an invitation viewed by Reuters.
The airlines and the Biden administration are backing new tax credits for FAS that should be included in a massive spending bill in Congress that are crucial to making fuel economically viable.
A White House official told Reuters that the administration had pushed airlines “on sustainability and the potential to reduce their emissions by 2030”.
The push to increase production of sustainable aviation fuel is also seen by the Biden administration as a way to help create new businesses for the country’s refining industry and the thousands of union jobs that depend on them. success.
On Tuesday, Chevron Corp (CVX.N) announced plans to produce a test batch of SAF and sell it to Delta at Los Angeles International Airport. Delta has committed to replacing 10% of its jet fuel with SAF by 2030.
Reporting by David Shepardson, Jarrett Renshaw, Stephanie Kelly and Allison Lampert; Editing by Cynthia Osterman and Stephen Coates
Our Standards: Thomson Reuters Trust Principles.