Air Canada to invest $50m on SAF
As airlines increasingly shift towards efficiency and reductions in emissions, Air Canada is the latest to announce its own commitments. The company says it will invest $50m in sustainable aviation fuels over the next decade to help it reach its interim GHG net reduction goals; the airline plans to realize a goal of a 20% reduction in emissions (from a 2019 baseline) by 2030, and to reach net-zero emissions throughout its global operations by 2050, the company announced Monday. The airline will also evaluate the practical applications of renewable energy sources such as biogas and renewable electricity, the company says. Despite the severe impact of the Covid-19 pandemic, Air Canada remains committed to long-term sustainability, says president and CEO Michael Rousseau. Moving forward, he says, the airline will further embed climate considerations into its strategic decision-making.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-16/star/air-canada-to-invest-50m-on-saf
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Air Canada to invest $50m on SAF
As airlines increasingly shift towards efficiency and reductions in emissions, Air Canada is the latest to announce its own commitments. The company says it will invest $50m in sustainable aviation fuels over the next decade to help it reach its interim GHG net reduction goals; the airline plans to realize a goal of a 20% reduction in emissions (from a 2019 baseline) by 2030, and to reach net-zero emissions throughout its global operations by 2050, the company announced Monday. The airline will also evaluate the practical applications of renewable energy sources such as biogas and renewable electricity, the company says. Despite the severe impact of the Covid-19 pandemic, Air Canada remains committed to long-term sustainability, says president and CEO Michael Rousseau. Moving forward, he says, the airline will further embed climate considerations into its strategic decision-making.<br/>
