Long-haul carrier emirates launches fund to reduce fossil fuel use

LONG-HAUL carrier Emirates said Thursday, May 11, 2023, it would create a $200 million fund for research and development projects aimed at reducing the use of fossil fuels in commercial aviation.

Emirates made the announcement ahead of releasing their annual report for 2022.

The airline, owned by Dubai’s government, said the funding would be distributed over three years.

Emirates separately will aim to use so-called sustainable aviation fuel as well when possible — though it remains incredibly scarce in the market.

In January, the airline successfully flew a Boeing 777 on a test flight with one of its two engines entirely powered by the fuel.

The announcement also comes ahead of Dubai hosting the COP28 climate talks in November. (AP)