![Robust Optimal Aiming Strategies in ... - Optimization Online · search for optimized aiming strategies using metaheuristics [8, 9], and the opti-mization of aiming strategies by](https://static.fdocuments.in/doc/165x107/5f616a181df2cb7f0361642f/robust-optimal-aiming-strategies-in-optimization-search-for-optimized-aiming.jpg)
AIMING FOR NET ZERO - AsBAA · AIMING FOR NET ZERO BY WU ZHENDONG With the help of the Asian...
1
• | FLIGHT OF FANCY | • 82 83 MILLIONAIREASIA About The Writer Wu Zhendong is the Founder, Chairman and CEO of Avion Pacific Limited, one of China’s leading general aviation service providers since 1993. In 2019, he was also appointed as Chairman of the Asian Business Aviation Association. Upon his graduation from Zhongshan University in 1983, Wu has been involved in the civil aviation industry in China. In 1988, he moved to the US to obtain his Master’s Degree in Business Administration. He returned to China in 1993 and established Avion Pacific Limited, Shenzhen Kings, Aviation Corp and Asian Sky Group. In the last 30 years, Wu has been delivering his professional knowledge, experience and passion for general aviation through advising and consulting services for domestic and foreign partners and customers. AIMING FOR NET ZERO BY WU ZHENDONG With the help of the Asian Business Aviation Association, Asia could lay the groundwork for a sustainably fuelled aviation industry. T he rapid growth of the airline industry in recent years has led to a significant increase to its impact on the environment. With Asia Pacific expected to account for 42% of all global travellers by 2040, the region will play an important role in attempting to achieve the United Nations (UN) target to lower carbon dioxide emissions by 45% by 2030, and ‘net zero’ by 2050. Asia is only now starting to take big steps in the global quest to reduce carbon emissions from the aviation industry. Aiding this effort is the Asian Business Aviation Association (AsBAA), a non-profit association representing business and general aviation entities based in Asia and around the world. The association firmly believes in its responsibility to ensure that fuel alternatives are made available to the industry, and has taken many encouraging steps forward to reduce carbon emissions via sustainable aviation fuel. Among these is Air BP, a renewable fuel that supplies around 10 airports in the Nordics. Made from waste and residues derived from cooking oil, the fuel produces 80% less carbon dioxide emissions over its life cycle. Another significant move forward is a new blended renewable alcohol-to-jet (ATJ) fuel product supplied to World Fuel Services Corporation at the first-ever European Fuelling the Future: SAJF demonstration. The fuel not only reduces carbon emissions, but also has potential to generate 5 kg of protein and animal feed for every gallon of ATJ fuel produced. Asian Outlook Asia’s environmental efforts are currently limited by the low availability of sustainable aviation fuel, a lack of infrastructure at the regional level, and high related costs. Sustainable aviation fuels remain economically less competitive than fossil carbon fuels, especially considering the declining profits facing the majority of airlines in Asia, despite record passenger numbers. Land availability is also limiting development, as agricultural land has been dedicated to livestock and food for centuries, with little policies or incentives to convert it into sustainable aviation fuel feedstock like camelina and jatropha. There is however, huge opportunity for Asian airports and suppliers to pioneer new technology, logistics, and systems in the region and become global champions for sustainable aviation fuel. With the right governmental support, Greater China and Southeast Asia have an opportunity to expedite widespread adoption of sustainable aviation fuel and take the lead in bringing environmentally friendlier options to market. Neste, which produces fuel for Air BP, is expanding its refinery in Singapore. This will increase its total output capacity to 1.3 million tonnes of sustainable aviation fuel by 2022, an impressive production rate by international standards. Transformative Plans Over the past few years, AsBAA has been preparing to hold regional focus groups on sustainable aviation fuel and lobbying governments for support. Findings will be presented at the 2020 Asian Business Aviation Conference & Exhibition (ABACE) and AsBAA Safety Days in Beijing, Hong Kong, Singapore and the Philippines as a roadmap to achieve UN targets. Sustainable aviation fuel is a key component of the UN 2030 Agenda for Sustainable Development. The agenda consists of 17 Sustainable Development Goals (SDG) intended to address the root causes of poverty and drive development. Increasing sustainable aviation fuel use supports progress towards many of these goals. SDG 7, Affordable and Clean Energy, and SDG 13, Climate Action, are directly supported; while through diversification of the feedstock supply, social and economic SDGs such as No Poverty and Reduced Inequalities are supported through the creation of employment opportunities in developing countries. When the industry grows further, it will also focus on avoiding negative impacts on SDG 6, Clean Water and Sanitation, as well as SDG 15, Life on Land. Industry Support With the technical elements for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreement finalised by ICAO in 2018, the use of sustainable aviation fuel by airlines will officially count towards their CO2 emission reduction efforts. The CORSIA agreement is an emission mitigation approach by the global airlines industry, expected to be launched in 2020. Local authorities need to ensure adequate supply of sustainable feedstock, address cost competitiveness to compete with standard fossil fuel, and create relevant policy to support upscaling of the industry. Asian airport authorities, as well as regulating organisations and governments, need to enable manufacturers and investors to participate in the development of this sector. A proactive approach to innovating and deregulating will ensure that sustainable aviation fuel is successfully incorporated into the industry in Asia, and that carbon emissions can be slashed back to zero.
Transcript of AIMING FOR NET ZERO - AsBAA · AIMING FOR NET ZERO BY WU ZHENDONG With the help of the Asian...
• | FLIGHT OF FANCY | •
82 83M I L L I O N A I R E A S I A
About The WriterWu Zhendong is the Founder, Chairman and CEO of Avion Pacific Limited, one of China’s leading general aviation service providers since 1993. In 2019, he was also appointed as Chairman of the Asian Business Aviation Association. Upon his graduation from Zhongshan University in 1983, Wu has been involved in the civil aviation industry in China. In 1988, he moved to the US to obtain his Master’s Degree in Business Administration. He returned to China in 1993 and established Avion Pacific Limited, Shenzhen Kings, Aviation Corp and Asian Sky Group. In the last 30 years, Wu has been delivering his professional knowledge, experience and passion for general aviation through advising and consulting services for domestic and foreign partners and customers.
AIMING FOR NET ZERO
BY WU ZHENDONG
With the help of the Asian Business Aviation Association, Asia could lay the groundwork for a sustainably fuelled aviation industry.
T he rapid growth of the airline industry in recent years has led to a significant increase to its impact on the environment. With Asia Pacific expected
to account for 42% of all global travellers by 2040, the region will play an important role in attempting to achieve the United Nations (UN) target to lower carbon dioxide emissions by 45% by 2030, and ‘net zero’ by 2050.
Asia is only now starting to take big steps in the global quest to reduce carbon emissions from the aviation industry. Aiding this effort is the Asian Business Aviation Association (AsBAA), a non-profit association representing business and general aviation entities based in Asia and around the world. The association firmly believes in its responsibility to ensure that fuel alternatives are made available to the industry, and has taken many encouraging steps forward to reduce carbon emissions via sustainable aviation fuel.
Among these is Air BP, a renewable fuel that supplies around 10 airports in the Nordics. Made from waste and residues derived from cooking oil, the fuel produces 80% less carbon dioxide emissions over its life cycle. Another significant move forward is a new blended renewable alcohol-to-jet (ATJ) fuel product supplied to World Fuel Services Corporation at the first-ever European Fuelling
the Future: SAJF demonstration. The fuel not only reduces carbon emissions, but also has potential to generate 5 kg of protein and animal feed for every gallon of ATJ fuel produced.
Asian OutlookAsia’s environmental efforts are currently limited by the low availability of sustainable aviation fuel, a lack of infrastructure at the regional level, and high related costs. Sustainable aviation fuels remain economically less competitive than fossil carbon fuels, especially considering the declining profits facing the majority of airlines in Asia, despite record passenger numbers. Land availability is also limiting development, as agricultural land has been dedicated to livestock and food for centuries, with little policies or incentives to convert it into sustainable aviation fuel feedstock like camelina and jatropha.
There is however, huge opportunity for Asian airports and suppliers to pioneer new technology, logistics, and systems in the region and become global champions for sustainable aviation fuel. With the right governmental support, Greater China and Southeast Asia have an opportunity to expedite widespread adoption of
sustainable aviation fuel and take the lead in bringing environmentally friendlier options to market. Neste, which produces fuel for Air BP, is expanding its refinery in Singapore. This will increase its total output capacity to 1.3 million tonnes of sustainable aviation fuel by 2022, an impressive production rate by international standards.
Transformative PlansOver the past few years, AsBAA has been preparing to hold regional focus groups on sustainable aviation fuel and lobbying governments for support. Findings will be presented at the 2020 Asian Business Aviation Conference & Exhibition (ABACE) and AsBAA Safety Days in Beijing, Hong Kong, Singapore and the Philippines as a roadmap to achieve UN targets.
Sustainable aviation fuel is a key component of the UN 2030 Agenda for Sustainable Development. The agenda consists of 17 Sustainable Development Goals (SDG) intended to address the root causes of poverty and drive development. Increasing sustainable aviation fuel use supports progress towards many of these goals. SDG 7, Affordable and Clean Energy, and SDG 13, Climate Action, are directly supported; while through diversification of the feedstock supply, social and economic SDGs such as No Poverty and Reduced Inequalities are supported through the creation of employment opportunities in developing countries. When the industry grows further, it will also focus on avoiding negative impacts on SDG 6, Clean Water and Sanitation, as well as SDG 15, Life on Land.
Industry SupportWith the technical elements for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreement finalised by ICAO in 2018, the use of sustainable aviation fuel by airlines will officially count towards their CO2 emission reduction efforts. The CORSIA agreement is an emission mitigation approach by the global airlines industry, expected to be launched in 2020. Local authorities need to ensure adequate supply of sustainable feedstock, address cost competitiveness to compete with standard fossil fuel, and create relevant policy to support upscaling of the industry.
Asian airport authorities, as well as regulating organisations and governments, need to enable manufacturers and investors to participate in the development of this sector. A proactive approach to innovating and deregulating will ensure that sustainable aviation fuel is successfully incorporated into the industry in Asia, and that carbon emissions can be slashed back to zero.
