The oil and gas company has set itself a target of producing 2 million metric tons of sustainable aviation fuel (SAF) a year by 2025—a significant near-term scale-up in supply since Shell is not producing SAF at present.
Sweden-based SCA, Europe’s largest private forest owner, and Nordic energy company St1 have established a joint venture to produce and sell liquid biofuels, including sustainable aviation fuel.
American Airlines has become an anchor partner in Breakthrough Energy Catalyst, investing $100 million in the Bill Gates-founded initiative to accelerate clean energy technologies needed to achieve net-zero carbon emissions by 2050.
As manufacturers strive to reduce the fuel burn and emissions of their next generation of commercial airliners, longer wings are near the top of the list.
The SpaceX Dragon Resilience splashed down off the coast of Cape Canaveral at 7:06 p.m. EDT, concluding the company’s fourth human spaceflight and first without NASA oversight and NASA astronauts.
The credit is intended to stimulate production and consumption of sustainable aviation fuel (SAF) by reducing the price premium over conventional jet fuel.
SpaceX cannot launch the Starship/Super Heavy vehicle until FAA completes its licensing process, which includes the environmental review and other safety and financial responsibility requirements.