A new report compiled by the CSIRO and a host of airline and industry groups has deemed ‘bio-derived’ fuel “economically and environmentally” sustainable, with a number of benefits tipped for both Australian and New Zealand.
The Flight Path to Sustainable Aviation (FPSA) report aims to set out a clear pathway for establishing a bio-fuel industry in the region, with several flow-on effects to be seen over the next 20 years. Included are cutting greenhouse gas emissions by 17 per cent, generating more than 12,000 jobs and reducing Australia’s reliance on fuel imports by $2 billion per annum.
Contributing to the report in conjunction with the CSIRO are members of the Sustainable Aviation Fuel Users Group (SAFUG), which includes the likes of Boeing, Qantas, Air New Zealand, Virgin Australia, the Defence Science and Technology Organisation (DSTO) and The Climate Group.
FPSA will officially be launched in Sydney at the Sheraton on the Park hotel this Wednesday (May 25).