Skift Take

Yes, it feels like a bit of greenwashing. But Tim Clark has been frank about the challenges for the industry and what's currently possible. Giving support to some green innovators can't hurt.

Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the impact of fossil fuels in commercial aviation, because hitting net zero emissions targets would not be possible with currently available options.

Emirates President Tim Clark said the biggest impediment for airlines in reducing their environmental impact was currently fuel.

“It’s clear that with the current pathways available to airlines in terms of emissions reduction, our industry won’t be able to hit net zero targets in the prescribed timeline,” Clark said.

The funds will be disbursed over three years and the Dubai-based airline will identify partnerships with organisations working on fuel and energy technologies, it said.

Clark said Emirates would use environmentally responsible practices until other fuel solutions were found, including sustainable aviation fuel (SAF) where feasible.

Global SAF production is estimated to meet just 2% of aviation fuel needs by 2025, according to airline industry group IATA.

SAF is produced in tiny quantities from feedstocks such as cooking oils and animal waste and costs two to five times more than conventional jet fuels.

(Writing by Lisa Barrington; Editing by Jacqueline Wong and Jamie Freed)

This article was from Reuters and was legally licensed through the Industry Dive Content Marketplace. Please direct all licensing questions to [email protected].

smartphone

The Daily Newsletter

Our daily coverage of the global travel industry. Written by editors and analysts from across Skift’s brands.

Have a confidential tip for Skift? Get in touch

Tags: climate change, emirates

Photo credit: Emirates planes on the tarmac at Dubai's airport. The carrier has pledged an investment in sustainable aviation. Reuters

Up Next

Loading next stories