
The aviation sector is one of the modern world’s most crucial industries. It is also one of the largest contributors to carbon emissions. In 2019, domestic and international passenger flights that took off from the United States emitted 179 million metric tons of the greenhouse gas. This alarming statistic has been a wake-up call for a country that has demonstrated its willingness to achieve carbon neutrality by 2050.
Combined with the ever-rising petroleum prices, it has also emphasized the need for more low-carbon biofuels in the aviation industry. The result is a wealth of opportunities for change and growth.
The North American biofuels market was $47.2 billion in 2022 and is only expected to expand in the coming years as more airlines invest big in biofuels.
Why Developing Sustainable Airline Fuel is So Critical
Combined with the ever-rising petroleum prices, it has also emphasized the need for more low-carbon biofuels in the aviation industry. The result is a wealth of opportunities for change and growth.
The North American biofuels market was $47.2 billion in 2022 and is only expected to expand in the coming years as more airlines invest big in biofuels.
Why Developing Sustainable Airline Fuel is So Critical