IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

travel sunset vacations direction airplane tourism airport runway aircraft aviation t20 pRjX8P e1668207412194 IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

Takeaways:

  • The Biden administration has called for increasing sustainable aviation fuel (SAF) production in the US to at least 3 billion gallons per year by 2030.
  • The new law would provide nearly $300 million in research and development grants to fund initiatives to make, transport, blend, or store SAF and other projects that reduce emissions from flying.
  • Airline indsutries are supporting this law saying the policies would result in the much-needed investments to reduce the environmental damage created by flying people and cargo.

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