A local sustainable aviation fuel industry could be worth $19 billion by 2050, but Australia could lose out to international competition without adequate government support as the global race heats up.
Airbus chief representative for Australia, New Zealand and the Pacific Stephen Forshaw is concerned that Australia is “going to lose the opportunity to be part of the energy transition” without policies to support sustainable aviation fuel (SAF) industry development.
Mr Forshaw, who sits on the Australian Department of Transport’s Jet Zero Council – an aviation emissions reduction policy advisory body – said a SAF-use mandate should be considered in the government’s policy response, a successful policy in the European Union.
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