That can be a complicated-to-answer question, but in the most general terms, SAF is a way of powering airplanes that is more eco-friendly than traditional petroleum-based jet fuel. Heres the technology behind them, Here's why we need to get more women in transport and logistics, These Are the Most Powerful Passports in the World in 2023, is affecting economies, industries and global issues, with our crowdsourced digital platform to deliver impact at scale. When Covid restrictions ease again and the world opens back up, airlines including United are hoping to see rapid recovery. United Airlines Ventures is committed to supporting and investing in emerging technologies and sustainable solutions. Velocys plans to produce 300 million gallons of blended SAF per year from waste woody biomass and MSW processed by Fischer-Tropsch processing. DOD funding, subject to appropriations, to certify the use of up to four additional SAF pathways already approved in the commercial market, as well as additional SAF pathways in the ASTM approval pipeline for warfighters. In the US, the industry is already expecting pre-pandemic levels of travellers this holiday season despite the rise of the Omicron variant. Yet Uniteds strategy involves scaling up flying. American Airlines became the first U.S. airline to commit to develop a science-based target for reducing greenhouse gas emissions by 2035, supporting its existing commitment to reach net-zero emissions by 2050. This new commitment will ensure progress this decade towards the industrys overall goal of carbon neutrality by 2050. Last month, the carrier along with its corporate partners launched the UAV Sustainable Flight Fund to help start-ups working on production and research of SAF. Forward-looking statements in this press release should be evaluated together with the many risks and uncertainties that affect United's business and market, particularly those identified in the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections in United's Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021, as updated by our subsequent Quarterly Report on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. In the future, electric and hydrogen-powered aviation may unlock affordable and convenient local and regional travel. Your California Privacy Rights/Privacy Policy. Our 2035 carbon intensity goal is based in science, aligns with the goals of the Paris Agreement and demonstrates clear progress toward our 2050 net zero GHG emissions goal. We are committed to investing in the solutions that can actually reduce the emissions from flying. The global supply of SAF remains very limited and there are big obstacles to scaling it up. Our Standards: The Thomson Reuters Trust Principles. CHICAGO, May 10, 2022 /PRNewswire/ -- United, which has invested in more sustainable fuel production than any other airline in the world, became the first US airline to sign an international. United Airlines and Honeywell also announced a new multi-million-dollar. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. **CFM International is a 50/50 joint company between GE and Safran Aircraft Engines. This credit will help cut costs and rapidly scale domestic production of sustainable fuels for aviation. But perhaps one day the sea-to-sky pipeline will unlock a new future of aviation travel and sustainable fuel. Its a good airline. Todays executive actions across the Departments of Energy, Transportation, Agriculture, Defense, the National Aeronautics and Space Administration, the General Services Administration, and the Environmental Protection Agency will result in the production and use of billions of gallons of sustainable fuel that will enable aviation emissions to drop 20% by 2030 when compared to business as usual. Experts remain very skeptical. The CO2is then put through a series of chemical processes, compressed, purified and pumped into the ground and sequestered permanently or reused. The demonstration of U.S. leadership both internationally and through the federal example. The government as a whole has procurement power that can be used to support the sustainable aviation industry as federal employees return to travel. To address local environmental impacts of aviation, including lead emissions from piston-engine aircraft, the FAA and the EPA will be working together to identify ways to reduce exposure to lead emissions and to reduce or eliminate lead from aviation gasoline. Unlike other airlines, were looking beyond using carbon offsets. A newly painted United Airlines jet is seen in this UAL handout photograph from its corporate headquarters February 19, 2004 in Elk Grove Village, Illinois. Uniting the World." When asked if flying less would ever be part of Uniteds vision for flying sustainable, Riley said I like to look at it as flying sustainably so its not an either or; its getting on an aeroplane thats fully fueled by sustainable aviation fuel and perhaps its a zero-carbon flight. The airline has made an ambitious goal of being a 100% green company by 2050 and has started a venture fund to identify and invest in technology that will help the company achieve that goal. In 2020, United became the first airline to announce a commitment to invest in direct air capture, a carbon capture and sequestration technology. Additional recent and new announcements of potential SAF production scale-up include those from BP, Virent, Honeywell, Shell, Neste, Marquis, Green Plains Inc., ADM, Prometheus, Aemetis, and members of the Renewable Fuels Association and members of Growth Energy. Atlas Air is driving operating efficiencies with their FuelWise program, which works in conjunction with flight planning software to optimize speeds, altitudes, routes, and flight path segments. To support increased market demand for SAFs, RMI and Environmental Defense Fund (EDF), launched the Sustainable Aviation Buyers Alliance (SABA) in April 2021 with founding companies Bank of America, Boston Consulting Group, Boeing, Deloitte, JPMorgan Chase, Microsoft, Netflix and Salesforce.Fuel Providers Will Scale Up SAF ProductionCurrent levels of domestic SAF production are approximately 4.5 million gallons per year, with the industry poised to grow rapidly. Key material issues include: Emissions & carbon neutrality Fuel efficiency, sustainable fuel and innovation World Energy plans to produce 150 million gallons of SAF per year by 2024 from fats, oils, and greases by hydroprocessing. What are Sustainable Airlines? SAF is made from used cooking oil or agricultural waste, but scientists hope it can eventually be made from such things as household trash, forest waste or, in the case of Viridos, algae. "As quickly as the ground transportation fleet electrifies, that creates an abundance of ethanol that can power this transformation," he said. Perhaps the airlines biggest move and to some experts, the most surprising is its leap into supersonic travel. Many airports are pursuing operational efficiency and emissions reduction efforts. The industry leader for online information for tax, accounting and finance professionals. Hawley in back-and-forth with local reporter: Just want to make sure Republicans seek to flip the script on Social Security, Only two large US cities are affordable for new home buyers. Leskinen told USA TODAY that the airline is investing in other companies that are experimenting with technologies that would allow biofuels to power flights without needing to blend with traditional jet fuels. One of these plants will remove as much CO2 as 40m trees, she said. We have been investing heavily in sustainable fuel for more than a decade now, using half the worlds committed volumes alone. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Heres why its so hard to electrify shipping and aviation, Original reporting and incisive analysis, direct from the Guardian every morning. For more information, visitunited.com, follow @United on Twitter and Instagram or connect on Facebook. "United continues to lead from the front when it comes to climate change action," said United CEO Scott Kirby, who will fly onboard today's historic SAF flight. But to critics, it was another attempt to make sustainable aviation seem a lot closer than it is in reality and give the impression people can fly guilt-free. Todays announcements build upon this proposal through a whole-of-government effort to advance cleaner aviation, as well as work in concert with bold actions taken by the aviation-related industries. SAFhas the potential to deliver the performance of petroleum-based jet fuel but with a fraction of its carbon footprint, and according to the U.S. Department of Energy, the country's vast feedstock resources are enough to meet the projected fuel demand of the entire U.S. aviation industry. November 16, 2021 Microsoft and United Airlines, in partnership with RSB, Air bp, and the Sustainable Aviation Buyers Alliance (SABA) intends to pilot the world's first book and claim system for sustainable aviation fuels (SAF). Here are some of the ways United plans to make sustainability the new standard in flight: United recently agreed to purchase 1.5 billion gallons of SAF from Alder Fuels - enough to fly more than 57 million passengers and is also an investor in Fulcrum BioEnergy, where United has an option to purchase up to 900 million gallons of additional SAF. SAFs can reduce emissions by 80% on a lifecycle basis compared with conventional fuel, according to aviation industry body IATA. Tips for travelers:What do I do if my flight is canceled? The aircraft transported more than 100 passengers from. Dallas-Fort Worth, TX (DFW) has set a goal of achieving Net Zero Carbon by 2030. Viridos and United say algae is an abundant resource that can be grown and harvested without impacting the food supply chain. "There is a ton of ethanol in the world that could be converted, and we think improvements in technology mean it could be really economically converted.". 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