The EU, ICAO and the world’s civil aviation authorities have made it clear that the aviation business must reduce their carbon footprint, preferably by utilizing renewable resources. The Obama Administration has supported the development of alternative sources at commercial prices. KLM and Boeing reported that their joint efforts had resulted in the target chemistry and were working to get the price to a reasonable number.
This Bloomberg piece announces good news. United and AltAir have agreed that the airline will buy cost-competitive, sustainable, advanced biofuels at commercial scale from the Seattle based company, AltAir. The fuel United will be purchasing will be made through process technology developed by Honeywell UOP. The transaction is an historic milestone for aviation.
AltAir Fuels is dedicated to the development of low carbon fuel products derived from sustainable feedstocks. The two companies have been working cooperatively to create an alternative which functions as fuel, is green and is renewable. The end result is a facility in the Los Angeles area which will produce renewable jet and diesel fuel as well as other green intermediate chemicals.
United pledged to develop drop-in biofuels that achieve important sustainability standards, to attain biofuel certification standards and to work towards commercial prices for aviation biofuels. This transaction with AltAir appears to have met all the terms of that pledge.
Hopefully this and other private initiatives will meet or exceed the global green goals without the use of the EU’s Emission Trading Scheme, which appears to add costs/taxes without concomitant environmental benefitsShare this article: