Global Clean Energy Holdings Inc (GCEH)

[emit]

Are aviation biofuels ready for take off?
March 2019

''Another indication of aviation’s commitment to growing SAF use is the agreement of long-term offtake agreements between airlines and biofuel producers. These now cumulatively cover around 6 billion litres of fuel. Meeting this demand will require further production facilities, and some airlines have directly invested in aviation biofuel refinery projects.
Still, aviation biofuel production of about 15 million litres in 2018 accounted for less than 0.1% of total aviation fuel consumption. This means that significantly faster market development is needed to deliver the levels of SAF production required by the aviation industry and keep on track with the requirements of the SDS. ''

Meeting such a level of demand requires increased HEFA-SPK production capacity. If met entirely by new facilities, approximately 20 refineries would be required. This could entail investment in the region of $10 billion. Although significant, this is relatively small compared to fossil fuel refinery investment of $60 billion in 2017 alone.''
https://www.iea.org/newsroom/news/2019/march/are-aviation-biofuels-ready-for-take-off.html

SOB! Every airline in world! wow
''Members are committed to accelerating the development and commercialization of sustainable aviation biofuel in support of meeting the industry’s goal of carbon-neutral growth beyond 2020.''
http://www.safug.org/members/


I remembered this from our Jatropha days:
''Sep. 34, 2008, Aviation Companies Form Sustainable Fuels Group.''



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