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The CEO of Ryanair has acknowledged the need for ambitious sustainable aviation fuel targets while also expressing concerns about how food prices could be affected.

During a discussion at CNBC’s Sustainable Future Forum on Wednesday, Michael O’Leary said his firm was investing “a lot of money” with Trinity College Dublin on research into sustainable aviation fuel, or SAF. In April, the two organizations launched a sustainable aviation research center backed by a 1.5 million euro ($1.75 million) donation from the airline.  

As well as focusing on SAF, the center will look at noise mapping and zero-carbon propulsion systems for aircraft.

Ryanair has itself set a target of powering 12.5% of its flights with SAF by the year 2030. But speaking to CNBC’s Steve Sedgwick, O’Leary said he thought it was “a very ambitious target – I’m not sure we’ll get there.”  

He went on to articulate his feelings about the wider effects of increasing SAF usage. “I do worry over the longer term, though, on sustainable aviation fuels … what’s that going to do to food prices going forward?”

“I think we’re going to reach a point in the next 10 or 20 years where there will be challenges posed not just for the airline industry, but for industry in general, around sustainable aviation fuels where it may have an upward impact on food prices.”  

Although the European Union Aviation Safety Agency says there’s “not a single internationally agreed definition” of sustainable aviation fuel, the overarching idea is that it can be used to reduce an aircraft’s emissions. 

Aircraft-maker Airbus describes sustainable aviation fuels as being “made from renewable raw material,” for example, “crops based or used cooking oil and animal fat.”

Despite his concerns, O’Leary said he was certain that ambitious targets needed to be put in place.

“The European Union has set a target of 5% of sustainable aviation fuel by 2030,” he said. “We think we can do better than that – I think we’ll get to 10%.”

“Whether we can get to 12 and a half percent, I’m not sure, but I know if we don’t invest in the research and that technology now, we certainly won’t get there.”

Huge challenges

According to the International Energy Agency, carbon dioxide emissions from aviation “have risen rapidly over the past two decades,” hitting almost 1 metric gigaton in 2019. This, it notes, equates to “about 2.8% of global CO2 emissions from fossil fuel combustion.”

Elsewhere, the World Wildlife Fund describes aviation as “one of the fastest-growing sources of the greenhouse gas emissions driving global climate change.” It adds that air travel is the most carbon intensive activity an individual can do.

As concerns about sustainability and the environment mount, discussions about aviation have increasingly focused on how new innovations and ideas could reduce the sector’s environmental footprint.

In September 2020, for instance, a hydrogen fuel-cell plane capable of carrying passengers took to the skies over England for its maiden flight.

The same month also saw Airbus release details of three hydrogen-fueled concept planes, with the European aerospace giant claiming they could enter service by the year 2035.  

O’Leary was cautious when it came to the outlook for new and emerging technologies in the sector.

“I think … we should be honest again,” he said. “Certainly, for the next decade … I don’t think you’re going to see any — there’s no technology out there that’s going to replace … carbon, jet aviation.”

“I don’t see the arrival of … hydrogen fuels, I don’t see the arrival of sustainable fuels, I don’t see the arrival of electric propulsion systems, certainly not before 2030,” he went on to say.

“So it will certainly be after my career in the airline industry is finished … but I hope it will get here before the end of our mortal lives.”

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Daily EV Recap: NJ signs law approving a punitive $250 new EV registration fee

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Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links):

‘Pro-EV’ New Jersey just OK’ed the US’s highest dumb EV fee

BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Ford drastically cuts workforce at F-150 Lightning EV plant amid ‘much slower’ demand

XPeng (XPEV) launches two EVs in Germany with plans to enter more EU nations later this year

Tesla starts using ‘Supervised Full Self-Driving’ language

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The first entirely US-made crystalline solar panels are coming to market

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The first entirely US-made crystalline solar panels are coming to market

All US-made solar panels featured only imported solar cells until now, but two US manufacturers just struck a three-year, $400 million deal. 

Canada-headquartered Heliene, which makes solar panels in Minnesota, will incorporate Georgia-based Suniva’s US-made monocrystalline silicon solar cells into its panels, and those “Made in the USA” panels will hit the market in mid-2024, thanks to a new three-year strategic sourcing contract between the two companies.

Heliene’s modules will be the first crystalline solar panels with US-made solar cells. Suniva says the catalyst for the pairing was solar project owners and developers wanting their projects to qualify for the 10% Domestic Content Bonus Investment Tax Credit. That’s achieved by using US-made cells based on the US Department of Treasury’s guidance published in May 2023 – and that’s in addition to the 30% IRA tax credit for renewable energy factories.

US Treasury Secretary Janet Yellen, who visited Suniva’s Norcross, Georgia, factory yesterday, said, “Before this Administration, solar companies across the United States were struggling. Between 2016 and 2020, nearly 20% of solar manufacturing jobs were lost. Now, though there remain significant challenges, Inflation Reduction Act tax credits are helping change the game.”

Cristiano Amoruso, CEO of Suniva, said, “We are proud to fulfill our long-standing promise to bring back cell manufacturing to the United States at our Norcross facility.”

Read more: The US’s oldest solar factory filed for bankruptcy in 2017 – but now it’s back


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here. –ad*

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Porsche retires gas-powered Boxster and Cayman in the EU with all-electric model coming

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Porsche retires gas-powered Boxster and Cayman in the EU with all-electric model coming

The gas-powered Porsche 718 Boxster and Cayman models are being discontinued in Europe as an all-electric version approaches its debut.

Porsche retires gas-powered 718 Boxster, Cayman cars

After announcing plans to retire its best-selling SUV in Europe, the Macan, Porsche will do the same with its 718 Boxster and Cayman models.

Porsche retired the gas-powered Macan early due to new cybersecurity rules. Its availability ends in July 2024. The gas-powered 718 Boxster and Cayman are now set for the same fate.

In a statement to Auto Express, Porsche said as a result of the rule changes “sale of the 718 models with an internal combustion engine is discontinued in the EU and some states that apply EU legislation from now on, thereby ensuring that the vehicles can be delivered to customers and registered by the deadline.”

Porsche did note the 718 Cayman GT4 RS and 718 Spyder RS are not impacted “due to small series regulations.”

Porsche-Macan-EV-Turbo
Porsche Macan EV (left) and Turbo (right) versions (Source: Porsche AG)

Although the regulation applies to all vehicles (ICE and EV), Porsche is preparing to launch an all-electric 718 model. It’s not expected to have any issues with the new rules.

Like with the Macan, updating the gas-powered version would be too costly with an electric model rolling out anyways.

Porsche’s electric 718 is getting closer to production ahead of its debut. We got a sneak peek of the EV this week after it was spotted testing in the Arctic Circle rocking production headlights.

Porsche 718 EV testing (Source: CarSpyMedia)

The German automaker is expected to reveal the electric 718 model before the end of the year with deliveries kicking off in 2025. Porsche has already begun preparing its Zuffenhausen plant for the new EV.

Porsche CEO Oliver Blume confirmed plans to begin Macan EV deliveries later this year. Up next will be an electric 718 model followed by the long-awaited Cayenne EV.

Porsche-retires-Boxster
(Source: Porsche AG)

Porsche said it’s expanding “upward” with plans for an ultra-luxury electric SUV, slated to sit above the Cayenne. Blume called it “a very sporting interpretation of an SUV.”

Despite several automakers pulling back Porsche is sticking to its target of an 80% EV delivery share by 2030.

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