Airbus study: SAF could boost Canada's GDP by $32 billion and cut aviation emissions by 2040
biomassmagazine.comAirbus and ICF released a study at the Farnborough International Airshow showing that sustainable aviation fuel (SAF) could meet 40% of Canada's aviation fuel demand by 2040. The report estimates a $32 billion GDP boost and 140,000 jobs across the SAF value chain, with $19 billion in societal value from avoided carbon costs using Canada's social cost of carbon methodology. Canada currently imports about 35% of its conventional jet fuel, and without domestic SAF production, biofuel imports could exceed 65% by 2030. The study highlights Canada's natural resources and aerospace expertise as advantages, but warns that predictable policy incentives are needed to compete with U.S. investment momentum. Airbus is pushing for industry partnerships and government support to build a viable SAF market.
