British airlines facing £400m bill in battle to hit 'absurd' green targets
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British airlines facing £400m bill in battle to hit 'absurd' green targets.
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British airlines are set to face annual costs exceeding a staggering £434million by the end of the decade to meet the Government's green targets.According to the International Air Transport Association, the hefty bill comes despite synthetic green fuel e-SAF remaining near impossible to obtain globally.In response to the egregious requirements, the aviation industry body has launched a scathing attack on the UK's electro-sustainable aviation fuel mandate.The mandate was originally proposed under the former Conservative Government, before being enacted by Labour last year - with airlines which fail to use sufficient quantities facing penalties equivalent to the cost of the fuel itself.
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TRENDING Stories Videos Your Say Marie Owens Thomsen, the IATA's chief economist, declared Britain's 2030 targets "are beyond unrealistic, they are utterly detached from reality".Under the mandate, carriers must begin incorporating green fuel by 2028, alongside conventional sustainable fuel derived from...
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