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"DOE Makes $3B Commitment To Two Sustainable Aviation Fuel Projects"

"Alternative jet fuels are seen as key to curbing emissions from today’s airplanes. The Loan Programs Office is backing SAF plants to boost U.S. supplies."

"Airlines are banking on sustainable aviation fuel to reduce the industry’s planet-warming pollution. But the amount of lower-carbon alternatives available to them right now represents just a few drops in an ocean of petroleum.

On Wednesday, the U.S. Department of Energy announced a nearly $3 billion effort that it said could significantly boost America’s output of sustainable aviation fuel, or SAF, over the next few years, Canary Media has exclusively learned.

The department’s Loan Programs Office has made conditional commitments to two companies in the Great Plains region that are working to turn crops and waste feedstocks into jet fuel."

Maria Gallucci reports for Canary Media October 16, 2024.

Source: Canary Media, 10/18/2024