New sustainable ‘bio-derived’ jet fuel industry is achievable

Establishing an economically and environmentally beneficial, ‘bio-derived’ Australian and New Zealand aviation fuels industry is a viable proposition, according to a report compiled by CSIRO in collaboration with the region’s major aviation industry players.

To be released in Sydney this Wednesday (25 May) the report, Flight Path to Sustainable Aviation, sets out a clear pathway for establishing the industry.

It predicts that over the next 20 years a sustainable, Australia-New Zealand aviation fuels industry could:
- Cut greenhouse gas emissions by 17 per cent
- Generate more than 12,000 jobs
- Reduce Australia’s reliance on fuel imports by $2B per annum.

The study was commissioned by and developed in collaboration with the members of the Sustainable Aviation Fuel Users Group – including Air New Zealand, Boeing, Qantas and Virgin Australia – together with the Defence Science and Technology Organisation (DSTO) and The Climate Group.