The IAG airline group, which includes parent companies Iberia and British Airways, has announced an investment of 900 million euros for the acquisition of sustainable aviation fuel —SAF for the acronym in English. However, the conglomerate has detailed that this mega-investment will be made United Kingdom and United States of Americabecause Spain has not yet opted for the production of this alternative fuel which aims to reduce the carbon footprint of the aviation sector.

“Everything will be invested in the US and UK, because it didn’t happen in Spain”has indicated Director of the Iberia Company, Juan Ciercoin his speech at the ‘European Funds III: Spain, for global leadership in the green and digital economy’ conference, organized this week by elDiario. es. And that is, as you have explained, in both Anglo-Saxon countries there are tax incentives that make companies producing oil and alternative fuels focus on producing SAF, while Spain is currently offering “zero euro incentives”.

If we wait for hydrogen to decarbonize airplanes in 40 years, there may be no more airplanes.”

The Iberia director accused the “telescope policy” of focusing on hydrogen as a vector for future decarbonization, since what allows to reduce emissions between 40 and 80% currently SAF. “If we wait for hydrogen to decarbonize airplanes in 40 years, there may be no more airplanes because companies will go bankrupt,” he warned.

Cierco insisted on it Spain “couldn’t pass up the opportunity, with European fundsat a time when there will be many political slogans and promises in the short and medium term [por las próximas elecciones del 23 de julio]”, to focus on SAF production and become a “world-leading” country in this sector.

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