SAN
FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Boeing and
the United States are launching an
initiative to catalyze the development and use of Sustainable
Aviation Fuel (SAF) among Asia-Pacific Economic Cooperation (APEC)
member countries. SAF, which significantly reduces the lifecycle
carbon emission of jet fuel, is key to achieving goals set by the
International Civil Aviation Organization (ICAO) and the civil
aviation industry to achieve net-zero carbon emissions by 2050.
SAF certified for use today can reduce lifecycle
CO2 up to 85% and holds the greatest potential to
reduce aviation's emissions over the next 30 years, but the key
challenges to greater use are a limited supply and high cost.
Airlines' current use of SAF represents 0.1% of global jet fuel
demand.
Aiming to support APEC economies' efforts to develop SAF supply,
the U.S. Department of Transportation and the Federal Aviation
Administration (FAA), will partner with Boeing to sponsor this
project in APEC's Transportation Working Group. The initiative will
address potential challenges for APEC economies in creating and
growing nascent SAF markets, including:
- Identifying the availability of sustainable feedstocks for
SAF
- Analyzing new pathways to optimize SAF production
- Leveraging existing industries and infrastructure for SAF
production
- Enabling the development of SAF-specific policies for
production and use
- Exploring SAF accounting mechanisms, including book and
claim
This initiative will enhance the SAF ecosystem across the APEC
region by capturing best practices and case studies from economies
with more developed SAF markets while providing guidance and
support to economies seeking to establish new SAF markets and
enabling a policy toolkit to ensure regional cohesion in SAF
policies and regulations.
"Industry studies and data tell us that SAF is essential to meet
aviation's net zero commitment, but we need more of it," said
Chris Raymond, Boeing Chief
Sustainability Officer. "This initiative helps deepen the
partnerships that we have had for years with several countries to
advance SAF. We will foster collaboration and knowledge exchange
among APEC economies, all in pursuit of a safe, and more
sustainable aviation future."
The agreement builds on Boeing's work to help scale SAF globally
through industry partnerships and policy advocacy, investments in
product compatibility work and Boeing's own purchase of millions of
gallons of SAF for its commercial operations. Recent Boeing
initiatives to advance SAF include:
- Partnering with the APEC Secretariat to deliver a series of
'sustainable aviation' regional webinars on SAF.
- Collaboration with Zero Petroleum for testing and analyzing the
next generation of technologies to accelerate the supply of
SAF.
- Collaboration with the Roundtable on Sustainable Biomaterials
to explore SAF feedstock opportunities in Southeast Asia, Ethiopia, South
Africa and Brazil.
- Joining the ACT FOR SKY organization in Japan to work on the commercialization,
promotion and expansion of domestically produced SAF.
- Mobilizing our supply chain to complete the testing necessary
to ensure Boeing commercial airplanes are 100% compatible by
2030.
- Recently joining the World Energy Council to drive sustainable
energy transitions.
- Since 2022, Boeing has purchased 7.6 million gallons of SAF for
its U.S. commercial airplane operations.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future, leading with sustainability, and cultivating a
culture based on the company's core values of safety, quality and
integrity. Join our team and find your purpose at
boeing.com/careers.
Contact:
Boeing Media Relations
media@boeing.com
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SOURCE Boeing