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JetBlue Airways Corp., United Continental Holdings Inc. and Richard Bransons Virgin Group Ltd. have begun blending eco-friendly substitutes into traditional jet fuel made from kerosene. Even with that backing, theres still only a handful of producers of the fuels. They lack the capacity to crank out the billions of gallons needed to supply the global aviation fleet, and the pace of investment is slowing. Even so, airlines are staking their low-carbon future on renewable fuels.The aviation industry, responsible for more than 2 percent of greenhouse gases,is being pushed to act this week by delegates from 190 nations, who are debating a United Nations accord in Montreal that would cap emissions from international flights. Ultimately, that means burning less fossil fuel. With electric planes still experimental, airlines and aerospace companies say biofuels are their best bet. There is a tremendous amount of determination to make biofuel work because we just dont have any alternative, Julie Felgar, Boeing Co.s managing director of environmental strategy and integration, said in an interview.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/articles/2016-10-03/airlines-pin-low-carbon-future-on-fuels-nobody-has-mass-produced
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