Climate-friendly flights still far off - 台北時報
Climate-friendly flights still far off - Taipei Times
When it comes to flying, going green might cost more, and it is going to take a while for the strategy to take off.
Sustainability was a hot topic this week at the Paris Air Show, the world’s largest event for the aviation industry, which faces increasing pressure to reduce the climate-changing greenhouse gases that aircraft spew.
Even the massive orders at the show got an emissions-reduction spin: Airlines and manufacturers said the new planes would be more fuel-efficient than the ones they replace.
Photo: AP
However, most of those planes would burn conventional, kerosene-based jet fuel. Start-ups are working feverishly on electric-powered aircraft, but they would not catch on as quickly as electric vehicles.
“It’s a lot easier to pack a heavy battery into a vehicle if you don’t have to lift it off the ground,” said Gernot Wagner, a climate economist at New York University.
That means sustainable aviation fuel (SAF) has become the industry’s best hope to achieve its promise of net zero emissions by 2050. Aviation produces 2 to 3 percent of worldwide carbon emissions, but its share is expected to grow as travel increases and other industries become greener.
Sustainable fuel accounts for just 0.1 percent of all jet fuel. Made from sources like used cooking oil and plant waste, SAF can be blended with conventional jet fuel, but costs much more.
Suppliers are “going to be able to kind of set the price,” American Airlines Inc vice president Molly Wilkinson said at the air show. “And we fear that at that point, that price eventually is going to trickle down to the passenger in some form of a ticket price.”
With such a limited supply, critics say airlines are making overly ambitious promises and exaggerating how quickly they can ramp up the use of SAF.
The industry even has skeptics: Nearly one-third of aviation sustainability officers in a GE Aerospace survey said they doubt the industry would hit its net zero goal by 2050.
Delta Air Lines Inc is being sued in US federal court by critics who say the carrier falsely bills itself as the world’s first carbon-neutral airline, and that Delta’s claim rests on carbon offsets that are largely bogus.
The Atlanta, Georgia-based airline says the charges are “without legal merit.”
Across the Atlantic, the European Consumer Organisation (BEUC) filed a complaint this week with the EU’s executive arm, accusing 17 airlines of greenwashing.
The group says airlines are misleading consumers and contravening rules on unfair commercial practices by encouraging customers to pay extra to help finance development of SAF and offset future carbon emissions created by flying.
In one case, the group’s researchers found Air France charging up to 138 euros (US$150.33) for the green option.
“Sustainable aviation fuels, they are indeed the biggest technological potential to decarbonize the aviation sector, but the main problem ... is that they are not available,” BEUC senior policy officer Dimitri Vergne said.
“We know that before the end of the next decade — at least — they won’t be available in massive quantities,” and would not be the main source of fuel for planes, Vergne said.
Producers say SAF reduces greenhouse gas emissions by up to 80 percent, compared with regular jet fuel, over its life cycle.
Airlines have been talking about becoming greener for years. They were rattled by the rise of “flight shaming,” a movement that encourages people to find less-polluting forms of transportation — or reduce travel altogether.
The issue gained urgency this year when EU negotiators agreed on new rules requiring airlines to use more sustainable fuel starting in 2025 and rising sharply in later years.
The US is pushing incentives instead of mandates.
A law signed last year by US President Joe Biden would provide tax breaks for developing cleaner jet fuel, but one of the credits is to expire in just two years.
Wilkinson said that was too short to entice sustainable fuel producers and that the credit should be extended by 10 years or longer.
The International Air Transport Association, an airline trade group, said it estimates that SAF could contribute 65 percent of the emissions reductions needed for the industry to hit its 2050 net zero goal.
However, few flights are powered by SAF because of the limited supply and infrastructure.
Just before the Paris Air Show opened, French President Emmanuel Macron announced that France would contribute 200 million euros toward a 1 billion euro plant to make SAF.
Many airlines have touted investments in SAF producers such as World Energy, which has a plant in Paramount, California, and Finland’s Neste Oyj.
United Airlines Holdings Inc plans to triple its use of SAF this year, to 38 million liters — but it burned 13.6 billion liters of fuel last year.
Some see sustainable fuel as a bridge to cleaner technologies, including larger electric planes or aircraft powered by hydrogen, but packing enough power to run a large electric plane would require a fantastic leap in battery technology.
Hydrogen must be chilled and stored somewhere. It could not be carried in the wings of today’s planes, as jet fuel is.
“Hydrogen sounds like a good idea. The problem is the more you look into the details, the more you realize it’s an engineering challenge, but also an economics challenge,” Richard Aboulafia, managing director of aerospace consultancy AeroDynamic Advisory, said at the Paris Air Show. “It’s within the realm of possibility, [but] not for the next few decades.”
MANIPULATION: Taiwan remains on the list because it had a high trade surplus and its current account surplus was about 13.3 percent of GDP last year, the central bank said The US Department of the Treasury has kept Taiwan on a watchlist of currency manipulators in its semiannual Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the US report. The report, presented to the US Congress on Friday, reviewed and assessed the policies of major US trading partners, which accounted for about 80 percent of US foreign trade in goods and services, during the four quarters through December last year. In addition to Taiwan, China, Germany, Malaysia, Singapore, South Korea and Switzerland have also been placed on the currency manipulation watchlist, the US Treasury said. None of Washington’s major trading partners
While Nvidia Corp shares have roughly tripled this year, those that the company relies on to produce the chips at the heart of the artificial intelligence (AI) frenzy have yet to see such stellar rewards. Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which makes most, if not all, of the chips designed by Nvidia, is showing a more modest 30 percent gain. ASML Holding NV, whose extreme ultraviolet lithography (EUV) systems are essential in the production process, is up 27 percent. The contrast in performance reflects Nvidia’s position as the most immediate beneficiary of the demand for technology that powers AI applications. For TSMC
GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, expects improved revenue growth next year on the back of a healthier supply chain inventory and improving semiconductor demand, as inflationary pressures have begun to abate. The Hsinchu-based company said it did not have sufficient evidence to support expectations of a dramatic recovery next year, but it expects it to be a “promising” year based on orders from customers, GlobalWafers chairwoman Doris Hsu (徐秀蘭) told reporters on the sidelines of the company’s annual general meeting yesterday. There are also signs that the global economy might improve and central banks might halt their
REBOUND EXPECTED: The Kaohsiung-based company said it expects global prices to bottom out next month, while infrastructure projects in China would spur demand China Steel Corp (中鋼), the largest steelmaker in Taiwan, yesterday cut domestic steel prices by up to NT$2,000 per tonne for domestic deliveries next month and next quarter, as a global steel industry recovery fell short of expectations, while customers continue to deal with excess inventory. The Kaohsiung-based steelmaker said that world steelmakers received rush orders in the first quarter, but that growth momentum was unable to persist as demand from China was not as strong as expected after it emerged from strict COVID-19 rules earlier this year. China is the world’s biggest steel consumer and producer. Faltering demand in the US and
Related Knowledge Center: Climate impact and adaptation
As the impact of climate change becomes more pronounced, more governments and companies are adopting adaptation strategies.