November 22, 2023
BY American Express Global Business Travel
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The EU on Sept. 17 announced it will allocate approximately €100 million ($117.88 million) of EU Emissions Trading Systems emissions allowances to 53 aircraft operators to help offset costs of SAF used in 2024.
EFT licensee Highbury Energy Inc. and WBCEC are advancing a CAD$210M Indigenous-led biomass-to-fuels project in Fort Frances, Ontario. The facility will use woody biomass to produce SAF and renewable diesel.
Haffner Energy and Luxaviation Group are strengthening their partnership with a non-exclusive 15-year offtake agreement in Europe with fixed SAF volume and price terms, both companies announced on Sept. 10.
The U.S. EPA on Sept. 12 released a proposed rule to end the Greenhouse Gas Reporting Program. If finalized, the proposal would remove reporting obligations for most large facilities, all fuel and industrial gas suppliers, and CO2 injection sites.
The Coalition for Renewable Natural Gas and American Fuel & Petrochemical Manufacturers in September filed separate lawsuits challenging the U.S. EPA’s final rule to partially waive 2024 cellulosic blending obligations under the RFS.