Phillips 66 refiner signs renewable jet fuel deal with British Airways
The Phillips 66 refiner has reached an agreement with British Airways to supply the airline with renewable jet fuel to be produced at a Phillips 66 site in the UK, Bloomberg reports.
“Markets for low-carbon products are growing, and this agreement demonstrates our ability to deliver them,” said the refiner’s head of UK operations, Darren Cunningham, as he spoke. cited by Bloomberg.
The renewable fuel refinery currently produces approximately 132,000 gallons of product per day. British Airways will start using Phillips 66 fuel next year and says the fuel it buys would reduce its carbon footprint by the equivalent of 700 net zero flights from London to New York.
The airline industry is one of the world’s biggest polluters and, unsurprisingly, the target of many pressures to reduce its carbon footprint. In 2019, carbon dioxide emissions from the commercial aviation industry reached 918 million metric tonsup 29% from 2013.
While the industry currently accounts for only a modest 2.5% of global emissions, this figure is expected to rise sharply over the next few decades, with emissions tripling over the next 30 years if passenger travel continues to grow at its peak. current rate: 300% between 1990 and 2019.
Renewable jet fuel is one way to make aviation more sustainable in terms of emissions: made from waste, these fuels emit far fewer greenhouse gases. However, they are also considerably more expensive than petroleum-derived jet fuel.
“We want one billion passengers to have traveled on a mixed SAF flight by 2025,” International Air Transport Association chief executive Alexandre de Juniac said in 2018. “It will not be easy to achieve. We need governments to put in place a framework to encourage SAF production and ensure it is as attractive to produce as automotive biofuels.
By Charles Kennedy for Oilprice.com
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