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The cost of producing sustainable aviation fuel (SAF) in Europe reached sky-high levels at the end of the first half of the year, driven higher by tightening waste-based feedstock markets, volatile energy prices and growing doubts over Europe’s ability to meet its SAF ambitions, sources told Fastmarkets.
The European Commission has proposed removing additional CORSIA Phase 1 credit quality criteria for EEA aircraft operators ahead of an autumn vote, while acknowledging the change would allow use of credits it considers lower in environmental integrity. CORSIA Phase 1 spot credits rose to $11.60 per tCO2e following the announcement.
BHP reported lower FY27 copper guidance, sanctioned two Spence processing projects, disclosed a disruption at Carrapateena and highlighted progress on an Olympic Dam smelter expansion in its July 16 results package.
Using proprietary datasets and Virginia Tech surveys, Fastmarkets developed annual estimates for US pallet circulation, production, consumption and lumber use through 2040.
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