Air Transport Action Group Executive Director, Paul Steele, stated biofuels hold “great promise” in assisting the aviation industry in reaching its aviation emissions target (Swiss Info, 17-Sep-2010). Biofuels are estimated to reduce aircraft emissions by 80% compared with fossil fuels, when taking life-cycle emissions costs into account.
IATA: "Governments invested peanuts and the oil companies even less. Biofuels could break the tyranny of oil and lift millions from poverty along with providing a sustainable fuel source for aviation," Giovanni Bisignani, Director General & CEO. Reuters, 18-Sep-2010.