Responding to the Department for Transport's announcement today on
plans to promote sustainable aviation fuels and the 2030
mandate,Transport Committee Chair MP
said:
“We strongly support the continued push to decarbonise air
travel with today's announcement that, by law, 10% of all plane
fuels will be low-carbon 2030.
“Getting there will take time and state funding to help give
certainty and momentum to companies, and shield them from the
risk of making losses while developing these new
fuels.
“But ministers have also announced another consultation with
industry, asking what kind of funding scheme to use. A very
similar consultation in 2022 concluded that a ‘contracts for
difference' scheme was industry's preference – where companies
receive capital for upfront costs of developing low-carbon fuels
and guarantees on the price they can charge when the fuel comes
on stream. This was also the Committee's recommendation in
2023.
“So with this further round of consultation, I would urge the
Department for Transport to carry it out quickly, and crack
on.”
The Transport Committee's 2023 ‘fuelling the future' report, in
which it made recommendations on ways to promote the use of
sustainable aviation fuels, can be read here.
