Notwithstanding global initiatives to raise production of biofuels and drive down the cost of such, Sustainable Aviation Fuel (SAF) is certain to remain significantly more expensive than kerosene—so states International Air Transport Association (IATA) head Willie Walsh. Mr. Walsh, in open contradiction of capitalism’s fundamental precepts, further posited the relatively high price of SAF will not dissuade air-carriers from their carbon emission targets.
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