In Reuters , BCG’s Pelayo Losada explains why the sustainable aviation fuel (SAF) industry is falling behind the International Energy Agency’s 2030 production objectives under its Announced Pledges Scenario, jeopardizing commercial aviation’s decarbonization goals. A BCG report found that airlines and airports are allocating just 1% to 3% of their budgets to SAF, citing high production costs and fuel prices as major obstacles to adoption. “We are going in the positive direction, but clearly not at the speed we need,” Losada asserts.
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Reuters