South Korea plans to boost research and development of carbon-neutral aviation biofuels, or bio-jet fuel, as the aviation industry works to meet global net-zero targets. Korean jet fuel producers are concerned that regions mandating the use of bio-jet fuels, such as the European Union, could threaten their position as one of the world’s leading jet fuel exporters.
The Ministry of Trade recently agreed to incorporate the “bio-aerosol response project” into its new pre-feasibility study applications on Mar. 19. This project aims to provide R&D support to accelerate the commercialization of bio-jet fuels and devise strategies for securing the necessary raw materials for fuel production…
The Ministry of Trade recently agreed to incorporate the “bio-aerosol response project” into its new pre-feasibility study applications on Mar. 19. This project aims to provide R&D support to accelerate the commercialization of bio-jet fuels and devise strategies for securing the necessary raw materials for fuel production…