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NBAA-BACE to offer book-and-claim for sustainable aviation fuel at event

The NBAA Business Aviation Convention andamp; Exhibition (NBAA-BACE) has, arguably, one of the highest rates of attendance of any business aviation event in the world. With exhibitors and attendees flying into Las Vegas, Nevada from all around the country, and even the world, one can only imagine the fuel consumption related to the three-day event.Those with inbound flights to the 2021 NBAA-BACE next week will have the opportunity to make a purchase towards the production of low-carbon sustainable aviation fuels (SAF), even if SAF is not available from their departing airport. No matter where they are in the world, operators flying to the Las Vegas convention will have the option to claim this carbon reduction.Referred to as "book-and-claim," this form of transaction is used in several industries, including other energy sectors like solar. Operators will not use the SAF; instead, it will be inserted by World Fuel Services into a conventional supply chain in an independent transaction, and operators will derive the environmental benefits of SAF. The book-and-claim model will also help the industry match supply with demand as the SAF market continues to expand.Those flying out from NBAA-BACE will have the opportunity to purchase SAF at the nearby Henderson Executive Airport or, for the first time, at McCarran International Airport."We all know that the key to growing the sustainable aviation fuel market and dramatically reducing aviation emissions is to continue promoting the production, availability and use of these fuels," said NBAA President and CEO Ed Bolen. "Simply put, if you support book-and-claim, you're saying 'I want my SAF'."
Created 1 years 60 days ago
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