Sweden is proposing a 27% greenhouse gas (GHG) reduction mandate for aviation fuel sold in the country in the year 2030.
Sweden which has an ambitious target of being fossil-energy-free by 2045, continues to explore new ways of going green. It has come up with a new proposal that suggests that the country would introduce a greenhouse gas reduction mandate for aviation fuel sold in Sweden. The plan is to reach that reduction level step by step with a 0.8% reduction in 2021, and gradually increase to 27% in 2030.
The reduction levels are estimated to be equivalent of 1% (11,000 tons) sustainable aviation fuel in 2021, 5% (56,000 tons) in 2025 and 30% (340,000 tons) in 2030. This would make Sweden a leader in decarbonizing aviation.
Worldwide, flights produces 859 million tonnes of CO2 every year. Global aviation industry produces 2% of all human-induced CO2 emissions and 12% of CO2 emissions from all transport sources.
Readers might recall that India saw its first commercial flight that used a biofuel last year.
Norway has announced a 0.5% biofuel blending mandate in 2020. There will be enough capacity on the market to supply the anticipated volumes of renewable jet fuel to Sweden and Norway.
Finnish firm Neste is likely to be a key beneficiary of increased demand for the fuel. According to Corporate knight, Neste continues being the number one ranked energy company in the world. It is ranked as the 3rd most sustainable company in the world. Neste has produced first commercial-scale volumes of Neste MY Renewable Jet Fuel made out of waste and residues, and there will be scaled-up volumes in the following years. Neste has announced that it will build additional renewable products capacity, which will enable the production of renewable jet fuel up to 1 million tons annually by 2022.
— Neste (@NesteGlobal) March 4, 2019