Travel Pulse
Patrick Clarke
19 August 2024
The Federal Aviation Administration (FAA) has awarded $291 million in grants from the Inflation Reduction Act for projects designed to help achieve net-zero greenhouse gas emissions from aviation by 2050.
The Fueling Aviation’s Sustainable Transition (FAST) grants include $244.5 million for 22 projects that produce, transport, blend or store sustainable aviation fuel (SAF) as well as for scoping studies related to SAF infrastructure needs and another $46.5 million for 14 projects that develop, demonstrate or apply low-emission aviation technologies.
SAFs are jet fuels developed from renewable sources that reduce carbon pollution compared to conventional jet fuel used today.
Together, the grants will expand SAF production, enhance SAF supply chains and increase SAF accessibility in addition to reducing carbon pollution, improving aircraft fuel efficiency and increasing SAF use.
Read on: FAA Awards $291 Million in Grants for Sustainable Aviation Fuels | TravelPulse