Google Joins Singapore's Green Fuel Tests Ahead of Flight Levy [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
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Source: Yahoo! Finance
for central procurement of sustainable aviation fuel, as officials aim to curb emissions from air travel. A total of nine firms plan to join the voluntary trial to purchase SAF through the Singapore Sustainable Aviation Fuel Company Ltd., or SAFCo, an entity being established under plans to begin charging a world-first green levy on departing flights from October. Most Read from Bloomberg ICE Begins Buying ‘Mega' Warehouse Detention Centers Across US LA's $1.2 Billion Graffiti Towers Reach Bankruptcy Exit Deal Congestion Pricing's Unexpected Winners: Suburban Drivers Manchester Shows What UK Economic Revival Can Look Like Forget Free NYC Buses: Just Build 41 Miles of New Subways The tests will allow SAFCo to refine operational, commercial and accounting processes required to meet an initial plan for flights from Singapore to use 1% sustainable fuel, the Civil Aviation Authority of Singapore said Monday in a statement. Singapore aims to achieve an adoption rate of 3% to
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