Virgin Australia and Boeing release report on SAF accounting

In Australia, Virgin Australia and Boeing have released a report by Pollination on the challenges and opportunities of an International Book and Claim system for SAF (SAF) accounting. The report, completed by independent advisory firm, Pollination and unveiled at an industry event in partnership with the University of NSW’s Decarbonization Innovation Hub, examines the challenges inherent in the current policy frameworks and the critical points of consideration to unlock alternative SAF accounting frameworks, such as Book and Claim. The Book and Claim system separates the environmental benefits of SAF from the physical fuel. This allows airlines to purchase and claim the environmental benefits of SAF without physically transporting and storing the fuel, reducing the logistics costs and avoiding the additional unnecessary carbon emissions. Virgin Australia General Manager Sustainability Fiona Walmsley, said: “In partnership with Boeing and the NSW Powerfuels including Hydrogen Network, we’re thrilled to bring together industry and academic leaders to present and explore the latest research supporting aviation’s transition to net zero emissions by 2050.” “This report outlines how a Book and Claim system would allow Australian airlines to contribute to aviation decarbonization even before domestic SAF production commences. By enabling airlines to purchase SAF benefits regardless of location, we can accelerate industry-wide adoption and ultimately drive down costs,” she added.

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