The role of CORSIA in developing a market for sustainable aviation fuel
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Abstract
While CO2 emissions resulting from domestic aviation are included in the Paris Agreement, this is not the case for the 65% of global aviation fuel emissions from international air traffic. Instead, the UN’s International Civil Aviation Organization (ICAO) decided through its triennial 39th Assembly summit (in 2016) to attain carbon neutral growth post-2020 through a Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
Under CORSIA, sustainable aviation fuels (SAF) are foreseen to be one of the options in the toolbox to achieve carbon-neutral growth in aviation. The main problem remains whether producers will be able to produce sustainably and economically enough to seduce aircraft operators to purchase SAF. Our research has compared SAF production cost projections to other available carbon reduction options, and drawn conclusions on the potential success of CORSIA, as well as of the SAF market more broadly