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FAA research grants aim to tackle aviation's massive deficit of greener fuel - TL;DR CNBC

FAA research grants aim to tackle aviation's massive deficit of greener fuel

Publishing timestamp: 2021-12-09 14:01:39


Summary

FAA is providing research grants to help make greener aviation fuel more affordable and accessible. Airlines are aiming to reduce carbon emissions by using sustainable aviation fuel, but challenges remain due to high costs and limited supplies. Biden administration has launched initiatives to increase production of sustainable aviation fuel, with a goal of reaching 3 billion gallons per year by 2030. Industry leaders emphasize the need for private partnerships and incentives to achieve these targets.


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Keywords: aerospace and defense industryamerican airlines group incpete buttigiegbusiness newsshell plcgeneral electric coboeing cosouthwest airlines codelta air lines inctravelpoliticsclimateenergyjoe bidenairlineslifetransportationunited airlines holdings incbreaking news: businessbusiness

Source: https://www.cnbc.com/2021/12/09/faa-research-grants-aim-to-tackle-aviations-massive-deficit-of-greener-fuel.html


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