HomeCarbon NewsShell Sets Sights on Sustainable Aviation Fuel

Shell Sets Sights on Sustainable Aviation Fuel

Royal Dutch Shell will start producing low-carbon jet fuel by 2025. Currently, aviation accounts for 3% of greenhouse gas emissions across the globe.

Though the aviation industry has wanted to reduce its carbon emissions, it has been a real challenge. There are not many fuel alternatives available that can power jet engines. And, the sustainable aviation fuel (SAF) that is accessible costs about 8x more than standard fuel does. Because of the price and availability, SAF accounts for less than .1% of the fuel being used for planes today.

Regardless, Shell is focused on producing 2 million tons of SAF, which could cut up to 80% of aviation emissions. SAF is made of waste from cooking oil, plants, and animal fats. Shell is working on a synthetic aviation fuel that is made from hydrogen and recycled carbon.

Shell’s announcement couldn’t come soon enough. Just last week, the US announced that their goal is to cut greenhouse-gas emissions from aircraft by 20%.  Since Shell – one of the largest oil traders globally – has committed to SAF, it’s safe to say other producers will follow. The US goal could be a reality.

Anna Mascolo, Head of Shell Aviation, said that “Sustainable aviation fuel, whether bio SAF or synthetic SAF, remains the single biggest solution [to meeting emission reduction goals].” Shell’s refinery expects to produce 820,000 tons of fuel, with SAF making up half of that.

With news of warming temperatures and the need for immediate action, this is a step in the right direction. Interest in carbon markets is increasing, offsets are taking the lead, and technological advances (like SAF) are being pushed ahead. Plus, numerous countries have re-committed themselves to the Paris Agreement – an act of solidarity and action.

It seems that change is happening for the better.

Cue cautious optimism.

Most Popular
LATEST CARBON NEWS

Is Walmart’s Net Zero Emissions Target Slipping Away?

Walmart was the first U.S. retailer to make a zero-emissions commitment by 2040, without relying on carbon offsets. However, the company’s latest news release...

Oklo and Switch Make History with 12 GW Nuclear Power Agreement

Oklo, one of the top advanced nuclear companies, and Switch, pioneering in the data center and AI eco-system have signed a historic corporate power agreement...

Voluntary Carbon Market Growth: Nature-Based Credits Double Xpansiv CBL Trading Volume

The voluntary carbon market (VCM) saw a sharp rise in activity during November as reported by Xpansiv. CBL’s N-GEO standardized contracts and project-specific nature...

Canada’s 2035 Emissions Reduction Goal: Everything You Need to Know

Combating climate change has become a significant agenda in all nations' developmental pathways. To address this challenge, Canada has set a new greenhouse gas...
CARBON INVESTOR EDUCATION

Green AI Explained: Fueling Innovation with a Smaller Carbon Footprint

As artificial intelligence (AI) continues to transform industries and unlock new opportunities, its environmental impact is also a matter of concern. While AI holds...

What’s Shaping North America’s Natural Gas in 2024? Insights from Wood Mackenzie

The natural gas market has immensely benefitted this year from robust storage levels and stabilized prices after the sharp spikes of 2022. However, challenges...

EU’s Green Bonds to Slash 55 MTS of CO₂ Annually. Can it Hit Europe’s 2050 Net Zero Target?

The European Commission released its NextGenerationEU (NGEU) Green Bonds Allocation and Impact Report 2024 explaining how proceeds from green bonds are being used to...

What is COP29 and Why Is It Hailed as The “Finance COP”?

As climate change worsens, the UN’s 29th annual climate conference, a.k.a. COP29, taking place from November 11 to 22, 2024, in Baku, Azerbaijan, is...