Aviation demand for biofuels is bursting at the seams. Hemmed in by emerging certifications, a petroleum-based distribution network, and lack of supply, the industry is stuck on petroleum fuels for now, but not by choice.
Pressure to integrate more biofuels into the supply chain is palpable: oil price increases, oil price volatility, oil scarcity, greenhouse gas emission regulation, and increasingly, corporate social responsibility commitments. The future of the aviation sector is dependent on its ability to pivot away from petroleum-based fuels to alternative sources of energy, and they must do it quickly.
One caveat: while demand may be substantial, no one knows for sure if supply can keep pace, which makes statements from aviation experts at the World Biofuels Markets taking place in Amsterdam this week all that more interesting. Continue reading… »
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