Most people think of jet fuel the same way they think of filling up their car with gasoline: go to the pump, fill the tank, pay the price per gallon. But decarbonizing business travel and air freight is a much more complex task, where sellers, buyers and users are all part of the transaction, and standards for what makes aviation fuel “sustainable” are still being set.
On this episode of The Decarbonization Race, new co-host Steven Goldman takes flight into the world of Sustainable Aviation Fuel or SAF – including the market currently being built for it, the range of ways SAF is being produced, and what structures need to be in place to make sure SAF is not only affordable but provably more sustainable than conventional fuels. He's joined by Kim Carnahan, founder and CEO of Neoteric Energy & Climate. Kim co-founded the Sustainable Aviation Buyers Alliance (SABA), an industry body bringing together a range of NGOs, airlines and other companies investing in SAF supply and technologies.
How does she know so much about the intricacies of decarbonizing international sectors like aviation and shipping? Because while working at the State Department, she served as the United States’ Chief Negotiator on Climate Change. Kim played a central role in the negotiation of the Paris Agreement and its implementing guidance. Kim also led the U.S. team that negotiated the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) – a parallel agreement to Paris governing the international aviation sector – and its implementing guidance.
In a fast-paced and wide-ranging interview, Kim discusses the different approaches jurisdictions are taking when it comes to sustainable aviation fuel (SAF) certification and highlights the need for clear guidance from the Greenhouse Gas Protocol and Science Based Targets Initiative. SABA is not only helping create certification standards for SAF, but is working with airlines, suppliers and buyers (who often aren’t the airlines themselves) to build the marketplace, create a book-and-claim system similar to Renewable Energy Certificates to track supply and usage, and advance policies to keep SAF moving down the cost curve.
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