
The European Union (EU) is pursuing the most aggressive action on climate change of any region in the world, imposing legally binding requirements on all industries rather than aspirational objectives. The European Green Deal, or EGD, strives for climate neutrality by 2050 with a transitional target to cut the bloc’s net greenhouse gas emissions by at least 55 percent by 2030, compared with 1990 levels. To deliver the latter, the European Commission in July 2021 adopted a set of wide-ranging proposals to make the EU's climate, energy, transport, and taxation “Fit for 55.”
Many new policies and regulations will affect air transport and aerospace, but the ReFuelEU policy undoubtedly is the most far-reaching legislation in the Fit for 55 package. The initiative calls for sustainable aviation fuels (SAF) to account for at least 2% of the total aircraft fuel used starting next year.