Monday, February 27, 2023

Sustainable Aviation Fuel getting a Major Investment!

Happy Monday!

Have you read in The New York Times about the increased interest to make sustainable aviation fuel aka bio-jet fuel?  Sustainable aviation fuel right now is made from used cooking oil and agricultural waste. The big plus about it is that it makes 80 percent less pollution, then current jet fuel.  The current aviation fuel is expensive and only two companies in the United States make the fuel the airlines use right now.  The Inflation Reduction Act has tax credits to help develop and bring aviation fuel into mainstream as well as other bio-fuels.  Boeing, United Airlines, and others have decided to invest $100 million which will be put into a venture capital fund for sustainable aviation fuel technology.   The Inflation Reduction Act as well as a few other laws have encourage all involved to get on the ball especially in light 2050 is the goal for reduction of emissions by 60 percent.  The industry currently uses almost no sustainable aviation fuel.*  If you would like to read The New Your Times full article, please click the link: www.nytimes.com/2023/02/21/climate/united-sustainable-aviation-fuel.html

We hope you have a wonderful week! 

**Disclaimer – please note there may be a fee involved to see this article in The New York Times or you may have to join the organizations website. *