Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


France’s Macron vows to boost sustainable aviation fuel production

France’s Macron vows to boost sustainable aviation fuel production

PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (SAF) as part of measures to make the French and the European aviation industry greener, President Emmanuel Macron said on Friday.

“The French must be the champions of the ultra-sober aircraft,” Macron said.

The French President was speaking during a visit of a site of aerospace engine-maker Safran in Villaroche, in the Paris region, and ahead of the Paris Air Show next week.

The 200 million euros will notably help fund the construction in Lacq in southwestern France of a SAF production plant.

Aviation is seen as one of the hardest sectors to decarbonise, with zero-emission aircraft not expected for more than a decade.

The aviation industry set a 2050 goal of net zero emissions in 2021. The main path is widespread use of Sustainable Aviation Fuel, which so far makes up 0.1% of airline fuel consumption.

($1 = 0.9142 euros)


(Reporting by Dominique Vidalon; Editing by Benoit Van Overstraeten)


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts