Thursday, 26 May 2011

Is bio-fuel the future for aviation industry?

A study conducted by Australia's national science agency has found that huge monetary savings and environmental impacts reduced by switching to bio-fuel to transport planes. The study by the Commonwealth Scientific and Industrial Research Organization has found that in Australia's case the move would save $2bn on fuel imports and decrease greenhouse gas emissions by 17%.

The study implements targets to source 5% of fuel requirements by 2020 and 40% by 2050. The report has so far received the backing of carriers such as Qantas, Virgin Australia and Air New Zealand.

Typical sources of bio-derived fuels include oil seed trees, algae, stubble from crops and urban waste. Australia and New Zealand are fortunate to have ample supplies to create large quantities of bio-fuel.

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