AIRLINK 198.70 Increased By ▲ 0.73 (0.37%)
BOP 10.00 Decreased By ▼ -0.04 (-0.4%)
CNERGY 7.29 No Change ▼ 0.00 (0%)
FCCL 36.43 Increased By ▲ 0.43 (1.19%)
FFL 16.95 Increased By ▲ 0.04 (0.24%)
FLYNG 25.35 Increased By ▲ 0.31 (1.24%)
HUBC 134.50 Increased By ▲ 0.47 (0.35%)
HUMNL 14.11 Decreased By ▼ -0.03 (-0.21%)
KEL 4.72 Decreased By ▼ -0.06 (-1.26%)
KOSM 6.95 Increased By ▲ 0.01 (0.14%)
MLCF 45.34 Increased By ▲ 0.36 (0.8%)
OGDC 218.50 Increased By ▲ 0.27 (0.12%)
PACE 6.96 Increased By ▲ 0.02 (0.29%)
PAEL 41.02 Decreased By ▼ -0.40 (-0.97%)
PIAHCLA 16.86 No Change ▼ 0.00 (0%)
PIBTL 8.44 Decreased By ▼ -0.02 (-0.24%)
POWER 9.40 Increased By ▲ 0.01 (0.11%)
PPL 185.00 Decreased By ▼ -0.93 (-0.5%)
PRL 41.10 Decreased By ▼ -0.17 (-0.41%)
PTC 24.95 Increased By ▲ 0.18 (0.73%)
SEARL 103.15 Decreased By ▼ -1.50 (-1.43%)
SILK 1.03 Increased By ▲ 0.02 (1.98%)
SSGC 40.10 Decreased By ▼ -0.81 (-1.98%)
SYM 17.85 Decreased By ▼ -0.20 (-1.11%)
TELE 8.85 Decreased By ▼ -0.06 (-0.67%)
TPLP 12.80 Decreased By ▼ -0.04 (-0.31%)
TRG 67.25 Increased By ▲ 0.65 (0.98%)
WAVESAPP 11.45 Increased By ▲ 0.15 (1.33%)
WTL 1.76 Decreased By ▼ -0.02 (-1.12%)
YOUW 4.00 Decreased By ▼ -0.01 (-0.25%)
BR100 12,091 Decreased By -18.8 (-0.16%)
BR30 36,578 Decreased By -19.7 (-0.05%)
KSE100 115,109 Increased By 66.5 (0.06%)
KSE30 36,216 Increased By 16.4 (0.05%)

BERLIN: It will be a challenge for companies to meet the European Union’s new targets for the use of sustainable aviation fuels, or SAFs, German Chancellor Olaf Scholz said at an industry conference on Monday.

“We have committed ourselves in Germany to the market ramp-up of these fuels,” he said in Hamburg, according to a transcript of his speech.

Earlier this month, the European Parliament adopted a deal to set binding targets for airlines in Europe to increase their use of SAFs, which have net-zero CO2 emissions or lower CO2 emissions than the fossil fuel kerosene.

Scholz to host Central Asian leaders to boost ties

Industry representatives, including Lufthansa CEO Carsten Spohr, have warned that reaching the targets will not be possible with today’s production, with SAFs currently making up just a fraction of airlines’ fuel.

Comments

Comments are closed.