Daniel McCormack’s Post

Important insights from the Sustainable Aviation Futures North America Congress highlight critical steps for advancing sustainable aviation in Canada. To drive the growth of Sustainable Aviation Fuel (SAF) production, Canada needs long-term incentives that offer investment certainty. Additionally, stacking incentives and leveraging credit markets can significantly reduce the costs of SAF, making it a more viable option. By fostering collaboration across the supply chain and with government we can build a robust, predictable policy framework for sustainable fuels that drives innovation and growth. #SustainableAviationFuels #Collaboration #Transportation #SAFNORAM

This is a critical time to build a sustainable aviation fuel sector in Canada and policy and regulatory predictability is required to attract long-term investment in aviation decarbonization. We have a few pieces of the puzzle in place as the CFA refers to below, such as overlapping regulations that enable carbon credit stacking, but we also need other enabling supports for capital projects such as investment tax credits, and/or contracts for differences. Competition for capital is fierce with other jurisdictions, such as the USA and their Inflation Reduction Act measures. We have the feedstocks, we have the know-how, and there are companies already operating in Canada that are well-positioned to produce SAF. Lets build an entire value chain. To ensure policy resiliency, we need a policy and regulatory framework that provides value to each link in the value chain, from harvest, aggregation, to processing and refining. 

Industry Update: Decarbonising aviation can see Scottish economy flying high – new report finds absence of connectivity strategy will threaten prosperity and net zero targets 👉 https://lnkd.in/emyQiaA9

The International Air Transport Association's (IATA) called for governments to provide financial support to the aviation industry, citing the impact of geopolitical tensions and rising fuel costs. Despite a strong financial performance in 2023, airlines face challenges such as increased operating costs and reduced passenger demand due to geopolitical instability. The IATA urges governments to implement measures to mitigate these challenges and support the industry's recovery, emphasizing the importance of collaboration between governments and airlines to ensure the sustainability of the aviation sector. Learn more at: https://lnkd.in/dRn-v8P5

The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of #SAF projects and mapping out the capacity until 2050. https://lnkd.in/gkRR95SF

The Federal Aviation Administration has awarded almost $300 million across 36 sustainable aviation fuels and technologies projects in 23 states. These investments, enabled by the bipartisan Inflation Reduction Act, are pivotal in realizing the Biden Administration's vision of achieving net zero greenhouse emissions in aviation by 2050. Not only do they support U.S. leadership in aviation, but they also drive domestic economic growth while enhancing the safety and efficiency of our national airspace system. #USaviationonthemove #sustainableaviation #IRA #fuelingaviationssustainabletransition #FAST #FAA Read more: https://lnkd.in/eu-XsCG4

The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of #SAF projects and mapping out the capacity until 2050. https://lnkd.in/gkRR95SF

The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of #SAF projects and mapping out the capacity until 2050. https://lnkd.in/gkRR95SF

The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of #SAF projects and mapping out the capacity until 2050. https://lnkd.in/gkRR95SF

This week I attended the "Connecting Europe by Air" conference, co-organised by EU institutions and Brussels Airport. Aside from the splendid venue of Brussels Skyhall and my love for Brussels airport, here are a few thoughts on the content. 🌎 The main question was: can we reconcile sustainability and connectivity? It was enriching to hear the ideas of not only Sustainable Aviation Fuel (SAF), but also aircraft manufacturing (engine efficiency, wings modification), operational efficiency of air traffic control (Single European Sky), and reforms of the whole transport ecosystem (multi-modality). As the screen behind me indicates: there is no silver bullet to solve all challenges. 💡 Is the burden of decarbonisation placed solely on the industry? While having different angles on the problem, the industry stakeholders at least agree that the change should happen. The synergy between regulators, funds and companies is crucial, therefore getting them together at the conference was rewarding. ❓ There are open questions regarding the regulatory framework: does it set achievable targets? does it set clear definitions (e.g. low-carbon hydrogen)? does the final version of the regulation correspond to the initial goals (SES2+)? This shows me how much institutional interplay weighs on the scales of reforms. ✅ Challenges for 2024: SES, slots, SAF supply, SAF affordability, industry resilience, infrastructure and increased innovations. Quite a lot but aviation needs to be a priority. I was happy to hear from Jan-Christoph Oetjen that the long-awaited review of Air Services Regulation 1008/2008 is still on the table! Next week the Belgian Presidency hosts a conference with a focus on social sustainability, so stay tuned for more ideas for the upcoming new Commission!