Economy
Davos Pushes ‘Greener’ Fuel for Private Jets Leaving World Economic Forum 2020

(Bloomberg) –Private jets flying into Davos this week for the World Economic Forum will be able to fill their tanks with fuel designed to lower carbon emissions, as the annual global talk shop aims to beef up its green credentials.
The so-called Sustainable Aviation Fuel or SAF will be available at Zurich airport, according to a statement Monday from a coalition of groups representing business jet operators, manufacturers and fuel suppliers. A 30% blend with conventional jet fuel can lower CO2 emissions by about 18% on a comparable 1,000-nautical-mile flight, the group said on its website.
Private jets — a staple of Davos — have become a lightning rod for the flight-shaming movement, with the global elite criticized for spewing unnecessary emissions by avoiding commercial flights. Promoting alternative fuels could help ease the pressure mounting more broadly on the aviation industry, as the European Union considers ending tax exemptions for jet fuel.
Carbon output from international aviation has more than doubled since 1990 and the United Nations has said the industry is set to overtake power generation as the single biggest CO2 producer within three decades.
The Davos initiative also comes with an offsetting plan.
Jet operators using conventional fuel at airports in or around New York, Boston and Washington where the SAF variety isn’t available can opt for an equivalent amount to be used on flights leaving from Van Nuys airport near Los Angeles, according to the statement. The SAF fuel blend typically costs more than the petroleum-based alternative.
“Business jet operators and their stakeholders around the world can and should request SAF when fueling their tanks,” said Kurt Edwards, Director General for the International Business Aviation Council.
Airlines have criticized attempts to impose new taxes in Europe, arguing that reducing emissions requires a global solution. Carriers are embracing biofuel-kerosene blends, though penetration has been slow due to high costs and limited supply. A switch to hybrid and electric propulsion isn’t expected to be feasible until the mid-2030s, and then only for smaller airliners.
-
News2 months ago
Offer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
Energy2 months ago
Oman Gets Its First Hydrogen Refueling Station
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
Economy2 months ago
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli