Singapore groups to sell sustainable aviation fuel credits
Author: Reuters
Singapore Airlines along with Temasek Holdings and the Civil Aviation Authority of Singapore will launch the sale of 1,000 sustainable aviation fuel (SAF) credits in July, they said in a joint statement on June 8, 2022. The credits are generated from 1,000 tonnes of neat SAF blended, delivered and uplifted from Singapore's Changi Airport, the statement said. "Every credit purchased will help to reduce 2.5 tonnes of carbon dioxide emissions," the statement said. "We can now offer more opportunities for our corporate customers and travellers to mitigate their carbon emissions using SAF credits," said Lee Wen Fen, senior vice president corporate planning at Singapore Airlines. "This will help to accelerate and scale up the collective adoption of SAF, reinforcing our commitment to achieve net zero carbon emissions by 2050."