, Singapore
136 views

Over 1,000 eco-friendly aviation fuel credits to roll out in July

The credits are expected to cut carbon emissions by 2,500 tonnes.

Over 1,000 sustainable aviation fuel credits will be available for sale in July 2022, which is part of a cause to promote the use of eco-friendly aviation fuel in the market.

In a joint statement, the Civil Aviation Authority of Singapore (CAAS), Singapore Airlines (SIA), and Temasek said the credits are generated from the 1,000 tonnes of SAF from Singapore Changi Airport.

These credits, which are in line with the CAAS-SIA-Temasek November 2021 pilot, are projected to reduce carbon dioxide emissions by 2,500 tonnes.

“Every credit purchased will help to reduce 2.5 tonnes of carbon dioxide emissions,” read the joint press release.

By buying credits, they can also help promote demand for SAF, back the development of the nascent SAF industry, and promote the adoption of SAF for a sustainable aviation industry.
 

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!