The US government has announced $291m to support the production of sustainable aviation fuel (SAF), with 36 projects set to benefit from the capital.
Part of the Inflation Reduction Act (IRA), the funding was announced by the Federal Aviation Administration (FAA) to help achieve Net Zero greenhouse gas emissions from aviation by 2050 as part of President Biden’s Investing in America Agenda.
Around $244.5m of the funding will go towards 22 different projects that focus on the production, transportation, blending or storing of SAF, and for related studies.
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