European support to airlines to encourage sustainable aviation fuel (SAF) adoption hit €430 million ($494 million) last year — four times the year prior. The European Commission said Wednesday it had approved handing out free carbon emissions allowances for its EU Emissions Trading Scheme (ETS) to 130 airlines. Over 530,000 tonnes of SAF was claimed, slashing around 1.7 million tons of CO2. Around €100 million worth of allowances were given in 2024. It is part of a €1.5 billion pot earmarked to push SAF adoption, which the Commission has proposed expanding further as part of its ETS reform. SAF costs between three- and 10-times more than traditional fossil-based kerosene but is con
Europe Handed Out €430 Million in SAF Permits Last Year — See Which Airlines Got the Most
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