Singapore Airlines Ltd will begin selling sustainable aviation fuel credits in July, helping travelers reduce their carbon footprints as corporations and governments aim to achieve net zero emissions by 2050.
The city-flag state’s airline said in a joint statement with the Civil Aviation Authority of Singapore and Temasek Holdings Pte that it planned to offer 1,000 SAF credits to travelers and freight forwarders.
According to the statement, the credits are created from 1,000 tons of cleaner fuel provided to Changi Airport, and each credit purchased would help cut 2.5 tons of carbon dioxide emissions.
Airlines and governments are looking to SAF to reduce emissions because more sophisticated technology, like as battery-powered aircraft capable of flying long distances, is still in development.
However, the fuel is in low supply and amounts for less than 0.1 percent of worldwide aviation fuel consumption. It is generated from anything from waste oils and fats to sugar crops and trees.
Singapore Airlines and its budget affiliate Scoot announced a yearlong test experiment in November to employ a mix of SAF on flights from Changi Airport in the third quarter. While the fuel should help the airline decrease emissions, its limited availability makes reducing jet fuel usage difficult.
“We can now provide additional possibilities for our corporate clients and travelers to reduce their carbon emissions utilizing SAF credits,” said Lee Wen Fen, the airline’s senior vice president of corporate planning, in a statement.