The Federal Aviation Administration announced $291M from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050 as part of President Biden’s Investing in America Agenda. “The Biden-Harris Administration is committed to enhancing the safety, sustainability and efficiency of our national air transportation system-and reaching our mid-century target of net-zero emissions,” said U.S. Secretary of Transportation Pete Buttigieg. “These grants will help put the world on a path toward decarbonizing aviation while fostering domestic economic growth and ensuring the U.S. retains its global leadership in aviation.” Example grant awards include: $16.8M to Gevo, Inc. to convert an existing fuel facility in Luverne, Minnesota, to a fully integrated alcohol-to-jet production facility for SAF production.
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