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The Shell Chief has poured cold water on Rachel Reeves's statement that Green Aviation will revolutionize carbon broadcast while placing a third track at the Heathrow airport in London.
Wael Sawan, executive director of the oil giant, said that the sustainable aviation fuel (SAF), which is low carbon that the fuel for regular airplanes is expensive and that the airlines will be slow to take it.
Last week, the chancellor described SAF as “a change of play in the way we fly and carbon emissions” while supporting another track at the largest airport in Great Britain and said transporters could be using it by 2035.
But Sawan told the Times newspaper that in the use of Aviation SAF it is “less than 0.1 percent” and that only the strictest laws would improve its use.
It is expensive to make compared to aircraft fuel, which is refined with oil.
It can be made of oil or cooking waste, but the greenerst fuel must be made of wind energy, divide the water molecules into hydrogen and oxygen and then combine hydrogen with carbon monoxide from the air to make an identical chemical To the fuel for airplanes, an even more expensive process.
He said: “The reality is that SAF is more expensive and, therefore, unless there are mandates, customer obligations or airlines, it is difficult to see a penetration that will be massive.
“SAF is really the only solution for the aviation sector, I believe, for at least the next ten to 15 years, and will grow. But I think, only from fundamentals, it grows from a low base. I mean, airlines will not simply erode their results for the good. “
In December, the United Kingdom established rules that require that 10 percent of the fuel demand for aircraft should be SAF for 2030 and 22 percent by 2040.
Shell Suf supplies some of the largest airports in Europe, North America and Asia. But there are concerns about countries that weaken their rules, including the United States under President Donald Trump, which would make the fuel not competitive.
Sawan said: “We talk about $ 10 to $ 15 billion to invest for Shell during the three -year period until 2025. We have invested eight of that and we are on the way to reaching that range, but what we are seeing is that it is the mandates of biofuels and biofuel biogas mandates and that if something erodes confidence for the future to invest more ”.
When asked what proportion of aviation fuel worldwide thought it would be sustainable for 2035, Mr. Sawan told the newspaper: “A very, very small proportion.”
