JetBlue calls for more government help to achieve net-zero targets
No one thinks the aviation industry’s target of achieving net-zero carbon emissions by the middle of the century will be easy. In fact, some argue that it’s not fast enough in the face of the global climate crisis, but a flurry of investment in new technologies and the new U.S. incentives are creating tangible progress toward achieving that net-zero target. “It’s going to take a lot of work but it’s absolutely achievable,” said Peter Hearding, the US FAA’s Deputy Assistant Administrator for Policy, International Affairs & Environment, during the JetBlue Ventures Sustainability in Travel Tech Summit in San Francisco Wednesday. He pointed to the agency’s aviation climate action plan published last year as how net-zero emissions will be achieved.<br/>Hearding’s optimism was in good company. Executives from Blade, JetBlue Airways, and aviation industry tech firms including battery developer Electric Power Systems and Universal Hydrogen, made similar comments. But there were concerns that current US policy, despite the FAA’s action plan, falls short of the challenge. The Inflation Reduction Act that President Biden signed into law in August provides the first US incentives for sustainable aviation fuel, or SAF. It includes both blender and producer tax credits that expire in 2027, or in just five years. The law also includes incentives for the development of hydrogen and other renewable energy sources. “It’s great but it’s not enough,” Air Company Chief Technology Officer Stafford Sheehan said at the summit. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-09-30/unaligned/jetblue-calls-for-more-government-help-to-achieve-net-zero-targets
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JetBlue calls for more government help to achieve net-zero targets
No one thinks the aviation industry’s target of achieving net-zero carbon emissions by the middle of the century will be easy. In fact, some argue that it’s not fast enough in the face of the global climate crisis, but a flurry of investment in new technologies and the new U.S. incentives are creating tangible progress toward achieving that net-zero target. “It’s going to take a lot of work but it’s absolutely achievable,” said Peter Hearding, the US FAA’s Deputy Assistant Administrator for Policy, International Affairs & Environment, during the JetBlue Ventures Sustainability in Travel Tech Summit in San Francisco Wednesday. He pointed to the agency’s aviation climate action plan published last year as how net-zero emissions will be achieved.<br/>Hearding’s optimism was in good company. Executives from Blade, JetBlue Airways, and aviation industry tech firms including battery developer Electric Power Systems and Universal Hydrogen, made similar comments. But there were concerns that current US policy, despite the FAA’s action plan, falls short of the challenge. The Inflation Reduction Act that President Biden signed into law in August provides the first US incentives for sustainable aviation fuel, or SAF. It includes both blender and producer tax credits that expire in 2027, or in just five years. The law also includes incentives for the development of hydrogen and other renewable energy sources. “It’s great but it’s not enough,” Air Company Chief Technology Officer Stafford Sheehan said at the summit. <br/>
