Republic must offer incentives and spend on research, says new report
The Republic could develop a €2.55 billion a-year sustainable aviation fuel industry by 2050, a report published on Wednesday claims.
A new report from Sustainable Flight Solutions Ireland and SAF manufacturer, SkyNRG with the backing of aircraft manufacturer, Boeing, and lessors Avolon and Orix Aviation, says meeting these obligations in the Republic could create an industry here with sales of €2.55 billion a-year and employing 1,000 people by 2050, with the potential for exports to increase these numbers.
Simon Coveney, Minister for Enterprise, Trade and Employment, who launched the report, noted that the Government supported EU and international efforts to cut air travel emissions.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United Ireland referendum should need ‘super majority’ in North, Republic to carry, says BakerNorthern Ireland minister says he now regrets UK’s Brexit vote did not require support of 60 per cent of those who voted
Read more »
– SSE Airtricity & League of Ireland team up with LGBT Ireland ahead of jam-packed Pride weekendSSE Airtricity and the League of Ireland have teamed up to support LGBT Ireland in June because incase you didn't know, it's Pride month!
Read more »
Visitors to Republic may be put off travelling into North under immigration proposal, politicians warnForum hears UK’s plan to charge £10 and attendant bureaucracy could deter and pose difficulties for some tourists seeking to visit North
Read more »
Businessman the first person convicted of insider trading by court in RepublicDeclan Service (63) arrested last year as part of criminal investigation by Garda National Economic Crime Bureau into share transactions
Read more »
Payments to farmers under CAP programme commencePayments to farmers worth nearly half a billion euro under Ireland's CAP programme commenced today.
Read more »