If all goes to plan, Virgin Atlantic will be the first commercial airline to fly a passenger plane across the Atlantic Ocean by burning only fossil-free jet fuel, marking an important milestone for the CO 2 -intensive industry.
“This is really critical because SAF is the most readily available decarbonization mechanism that aviation has today,” he added.
Cathcart, who is based in Salt Lake City, is slated to board the ocean-crossing plane tomorrow in London with a select group of passengers.
Globally, air travel accounts for about 2 percent of annual energy-related CO 2 emissions.
The British airline said that SAF can reduce carbon dioxide emissions from flying by over 70 percent when compared to fossil jet fuel.
The deals are priced based on every metric ton of CO2 avoided, and are both worth hundreds of millions of dollars, Gebolys said.
He added that World Energy uses a digital registry known as “book and claim” to ensure the certificates are reliably and transparently tracked. »