Unique Dual Climate Impact
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Simultaneously reduces CO₂ emissions and contrail formation
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~50-70% reduction in soot particle number and mass
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No increase in NOx emissions (unlike other solutions)
dLCAF™ addresses both long-term CO₂ and short-term contrail warming
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Technology validated at lab scale and engine tests
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Meets ASTM D1655 and DEF STAN 91-091 specifications
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~10% lifecycle greenhouse gas reduction
Technology risk retired with demonstrated performance
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UK SAF mandate requiring 10% sustainable jet by 2030
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EU ReFuelEU Aviation regulation with 6% SAF by 2030
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ICAO CORSIA scheme recognizes LCAF as eligible measures
Regulatory drivers ensure demand and political support
Strategic Asset Opportunity
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Acquiring Lindsey refinery at distress price
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Fast-track to industrial scale with lower capex
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Securing ~400 skilled jobs at a closing refinery
Unique opportunity to acquire and repurpose soon-to-be-mothballed infrastructure
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dLCAF ~10-15% costlier than regular jet
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versus SAF which is ~200-300% costlier
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Fill a bridge fuel niche with no direct competitors
Airlines can afford to use this now to meet climate targets
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One converted refinery = ~10% of UK jet fuel
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Multi-Mt CO₂ saved, contrails halved on those flights
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Replicable globally with strong first-mover advantage
Potential to become a leader in transitional green fuels
dLCAF™ offers a timely, scalable solution for aviation decarbonisation, delivering immediate climate benefits at lower cost than first-generation Sustainable Aviation Fuels