EU targets for synthetic aviation fuel at risk In a rare show of unity, environmental organisations and oil companies have both warned that the EU’s targets for green jet fuels are in danger of being missed as investment into the production of synthetic fuels is so far not materialising. A report by environmental NGO Transport & Environment (T&E) has warned that of 25 planned industry-scale production sites within Europe for hydrogen-based kerosene, known as e-kerosene, none has reached the final investment decision yet. The EU’s target is to have 1.2% e-kerosene within the fuel mix at European airports by 2030, which has been criticised as too low. Because of the low quota, many investments into production sites would not be “bankable”, hence would not see their financing secured, representatives of oil companies have warned. More subsidies would be needed “to close that gap”, BP’s Niels Anspach said. But funding has just been cut as part of Germany’s budget crisis, which has seen the government slash €74 million of funding for alternative fuel production in 2024 alone. “This is certainly a problem for Europe,” the EU Commission’s Jane Amilhat said. Read the full story here. – Jonathan Packroff |