IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

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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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