RE: hmmmm21 Apr 2023 15:13
This is all I can find from the last month the link mentions BOA and JPM buying 850,000 gallons saf certificates
https://newsroom.bankofamerica.com/content/newsroom/press-releases/2023/04/sustainable-aviation-buyers-alliance-announces-aviation-decarbon.html
British Airways-owner IAG (ICAG.L) says it has committed to $865 million in investments to purchase SAF and support production, but has only guaranteed around 25% of its 2030 supply target. That means it will likely have to spend billions more to reach its goals.
"America's programme of both federal and state incentives for SAF production is the mark of global leadership on the net-zero transition," IAG told Reuters.
"This is a brilliant model, but if Europe cannot keep up it will have to import SAF. Let's not import SAF - let's create it everywhere we need it."
HOME GROWN
Smaller producers, like Velocys (VLSV.L) and Fulcrum, are hoping to build facilities and scale-up SAF in the years to come.
And even if their new projects do not do enough to get aviation to 10%, SAF production will still go up markedly, experts said.
"Most companies we speak with have already secured sufficient SAF supply to meet at least half of their 2030 procurement targets, which is exactly the market signal needed to support further SAF scale up," said Joe Horrocks-Taylor, climate analyst at Columbia Threadneedle Investments.