Asia should consider developing a sustainable aviation fuels (SAF) production hub that serves the whole region, according to Hong Kong Financial Secretary Paul Chan Mo-po.
Speaking in a finance decarbonisation panel at Davos, he said, “Hong Kong is small, we may not be able to accommodate it, but we can co-invest across the border in China … to ensure the project is viable.”
Mo-po’s look overseas reflects Hong Kong’s limited land, feedstock, and renewable energy availability, as well as the absence of large-scale refining infrastructure.
The Financial Secretary added that Hong Kong, which is targeting carbon neutrality by 2050 with a 50% reduction from 2005 levels by 2035, wants to have more hydrogen on its roads.
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