Boeing, Airbus, and Embraer Partner For Biofuel Development
Their goals are twofold: 1.) a reduction in CO2 emissions and 2.) attaining 4% biofuel usage by the aviation industry by 2020 (a target set by an EU commission). Other goals include aiming for carbon-neutral emissions sometime after 2020, and halving all industry emissions by 2050 based on 2005 levels.
The partnership was formalized with an agreement signed by Boeing Commercial Airplanes CEO Jim Albaugh, Embraer Commercial Aviation president Paulo Cesar Silva, and Airbus CEO Tom Enders (pictured at the signing) at the Air Transport Action Group Aviation and Environment Summit in Geneva this week.
Boeing, Airbus, and Embraer are all affiliate members of the Sustainable Aviation Fuel Users Group (SAFUG). SAFUG’s members include 23 leading airlines that are responsible for approximately 25% of annual aviation fuel use.
(Photo: Getty Images)