In the push towards sustainable aviation, Cathay Pacific aims to increase the usage of Sustainable Aviation Fuel (SAF) to 10% by 2050 from just 0.2% in 2022. Despite challenges, the airline is committed, with the hope for government support.
Emphasizing the importance of a holistic approach and long-term view, Cathay Pacific’s CEO sees policy support crucial for the industry’s transformation. The focus is on subsidies, logistical help, and bridging the price gap for green jet fuel.
The airline anticipates a surge in SAF usage nearing 2030, aligning with Hong Kong’s 2050 target, a decade ahead of China’s goal. However, the industry faces challenges in reducing carbon emissions, necessitating a shift towards net-zero emissions by 2050.
Though SAF can significantly reduce emissions, its high cost remains a challenge. Cathay Pacific anticipates a decrease in prices with increased supply. Government policies and industry collaboration will be key in driving this transition.
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