Fossil jet fuel price expected to soar as EU taxes bite

Euractiv | Aug 31, 2022 at 7:38 PM
  • Kerosene will become the most expensive means to power an aircraft in the coming years, and will likely reach price parity with liquid hydrogen before 2030, new research suggests.
  • Liquid hydrogen is a carbon-neutral fuel source if made with green electricity, though the relative dearth of renewable energy in Europe and the lack of wide-scale demand has made it expensive to purchase at present.
  • The aviation industry has found itself in the crosshairs of the EU’s emission reduction targets.