Posted on 06/08/2022 5:46:24 PM PDT by nickcarraway
A credit scheme for greener aviation fuels will be rolled out in July, to give businesses and travellers the option of paying more to reduce their carbon footprint when they fly and transport goods by air.
Announcing the pilot scheme on Wednesday (June 8), Transport Minister S. Iswaran said the Civil Aviation Authority of Singapore (CAAS), Singapore Airlines (SIA) and Temasek will release more details shortly.
Sustainable aviation fuels currently cost up to three times that of conventional jet fuel, and credit schemes are one way for airlines to bring down the cost of using more eco-friendly fuels.
All SIA and Scoot flights out of Changi Airport will use a blend of refined jet fuel and sustainable aviation fuel - made from used cooking oil and waste animal fats - in a one-year trial from the third quarter of this year.
The use of greener fuels is expected to reduce about 2,500 tonnes of carbon dioxide emissions over one year. Before the Covid-19 pandemic, commercial aviation contributed about 900 million tonnes of carbon dioxide, or about two per cent of global carbon emissions, yearly.
In his speech at Temasek's Ecosperity conference on Wednesday, Mr Iswaran also outlined Singapore's efforts to green its land, air and sea transport.
On greening land transport, which makes up about 14 per cent of the country's total emissions, he emphasised the need to shift more commuters from private cars to public transport, and from internal combustion engine cars to electric cars.
Providing an update on the take-up rate of electric cars, he said such registrations formed 8.4 per cent of all new car registrations in the first five months of the year - more than twice the rate last year and over 20 times that in 2020.
This is a sign that financial incentives to reduce the cost of electric cars and efforts to increase the network of electric chargers are bearing fruit, he said, adding: "We expect this momentum to gather pace."
Mr Iswaran noted that the Government will expand the MRT network from 250km to 360km over the next ten years to increase the proportion of trips on public transport.
The Land Transport Authority has estimated that the carbon footprint of a single journey can be reduced by 85 per cent if people switch from driving an internal combustion engine car to the MRT.
In the aviation and maritime sectors, Mr Iswaran said Singapore is pursuing decarbonisation on three broad fronts: by increasing efficiency of its planes, ships and its air and sea ports; by electrifying ground vehicles and equipment; and by using eco-friendly fuels in planes and ships.
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For instance, SIA has kept its fleet young with an average age of about six years, he noted at the event, which was held at Sands Expo and Convention Centre.
With every new generation of aircraft typically more fuel-efficient - up to 15 per cent to 25 per cent for Boeing aircraft - SIA's fleet is one of the most fuel-efficient in the world, he said.
On the shipping front, the Maritime and Port Authority of Singapore has streamlined port clearances to reduce wait time for ships, which in turn lowers their emissions.
The $155 million Global Centre for Maritime Decarbonisation set up last year is also actively testing and deploying green technologies and fuels, starting with research into ammonia, even as Singapore begins to electrify its 1,600 small harbour craft used to make shore-to-ship deliveries.
Singapore has also signed several multilateral agreements recently to work with other countries to green the aviation and maritime sectors, Mr Iswaran said, citing the Castor Initiative that brings together public and private partners to build the world's first ammonia-fuelled tanker by 2026.
Cake, meat, airplanes, cars, dachas by the shore for me, but not for thee.
Not just when you fly
You can also voluntarily pay more for gas
You can send your utility companies more too
You can also pay more at the grocery store
And you can pay more than what you owe in your taxes too
Get with it libtards, show us how its done
If I want to increase my carbon footprint can I pay less?
Last Saturday I paid for a full flight but only used half of it.
I wasn’t even in the plane when it landed.
When we got to cruising altitude I jumped out.
On the other hand..
If the avoirdupois privileged in US slimmed to an easy 23% body fat then the resultant drop in carbon emissions would be equal to taking 175,000,000 cars off the road and dousing every light in Las Vegas.
If everyone sends me a check for a million dollars I promise to end all bad “climate change” and make sure all the “climate change” is really good.
You can trust me!
You know we only have 7+ years left...
You con artist! :)
Whenever I buy a plane ticket, I’m always given an option to buy “carbon offsets” k not mandatory for now thankfully). Obviously I don’t take advantage of the “opportunity”.
Who would, right?
The people who would take advantage of that “opportunity” would be people who are flying on the corporate dime, particularly if the company on whose behalf are publicly traded. Why?
Publicly traded companies are assigned ESG (Environmental, Social, Governance) scores by the huge investment firms. The more “woke” a company, the higher their score. So obviously companies who ensure all transportation costs have carbon offsets would be a huge help on the “E” part of the score.
Why would a company care about ESG? Institutional investment: getting companies added to mutual funds and index funds, access to big money, potentially even being able to bank. With recent changes to SEC regulations by the Pedo Joe Regime, it will become even more critical for them to go as woke as possible.
I just dread when these “offsets”become mandatory, either by airlines imposing then as fees (to support their ESG scores) or through FAA regulation.
Indulgences from the Church of Climate Change.
And people nowadays think that people in the middle-ages were so naive.
Stop breathing, that will reduce your “carbon footprint.” This is all a big lie. Carbon is the basis for all life on earth. From photosynthesis, to every molecule in your body, carbon is the basis. “Organic” chemistry is carbon chemistry, based on its ability to form four chemical bonds which no other element can do. DNA, RNA, sugar, enzymes, are all based on carbon. this is not about carbon, it is about control. Stop accepting this crap....
Bah.
What a racket.
Whenever confronted by a climate freak suggest they stop being hypocrites and jump off a bridge so rather than remain part of the problem they will become part of the solution.
I’ve done this several times in a variety of ways, (”I’ll be more than happy to stop cutting my lawn with a gas powered lawn tractor once you jump off a bridge and stop polluting the environment”) and the reactions are priceless.
No.
I think I see the way this works. Somewhere between the “you pay” and the “projects” that are implemented is the cost of administering the scheme. The genius who thought this up will run off with the initial investment minus some overhead before the whole thing crumbles because nobody wants to pay more to go on vacation.
Of course, because we all know that money lining the right pockets solves any crisis.
1. “greener fuels is expected to reduce about 2,500 tonnes of carbon dioxide emissions over one year”
2. “SIA has kept its fleet young with an average age of about six years”
They could probably reduce their carbon footprint a LOT more if they didn’t keep buying new planes. If they were serious about this, they’d get that average up to 20 years or more.
This is typical talk-out-of-both-sides-of-your-mouth liberal thinking. Brag about young aircraft (consumes resources in manufacturing) and simultaneously brag about using green fuel.
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