Boeing has become an early investor in Wagner Sustainable Fuels to support the development of its sustainable aviation fuels

ASIM, aug 23

Boeing has invested in Wagner Sustainable Fuels to help develop a sustainable aviation fuel (SAF) production facility in Brisbane, Australia. This investment aligns with Boeing’s strategy to expand global access to SAF, which can reduce CO2 emissions by up to 84% compared to traditional jet fuel. The partnership aims to increase Australia’s SAF supply, supporting the country’s climate goals and the global aviation industry’s commitment to achieving net-zero CO2 emissions by 2050. Currently, SAF represents just 0.1% of global jet fuel use.

The Brisbane facility will use innovative waste-to-SAF technology to convert ethanol from waste-based feedstocks into sustainable aviation fuel. This project, backed by Boeing and the Queensland Government, will create local jobs, enhance Australia’s fuel security, and contribute to the reduction of aviation-related greenhouse gas emissions. The initiative is part of a broader effort to establish Australia as a leader in SAF production, helping the country meet its emissions reduction targets and supporting the aviation industry’s move towards sustainability.

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