Global Infrastructure SherpaChevron and Gevo to Pursue Sustainable Aviation Fuel
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Gevo, Inc. announced a joint effort to pursue the development, production, and commercialization of sustainable aviation fuel (SAF).
Source Intelligence
The Biden administration in the United States is quietly discussing a target date of 2050 for weaning aircraft off fossil fuels as part of the White House’s broader push to fight climate change, Reuters reported last month citing sources. Sustainable aviation fuel is made from feedstocks such as used cooking oil and animal fat and can be three or four times more expensive than making traditional jet fuel.
"U.S oil major Chevron Corp and renewable energy firm Gevo Inc will jointly invest in building and operating one or more facilities that would process corn to produce sustainable aviation fuel, the companies said."
"U.S oil major Chevron Corp and renewable energy firm Gevo Inc will jointly invest in building and operating one or more facilities that would process corn to produce sustainable aviation fuel, the companies said."
"Chevron said on Tuesday it planned to produce a test batch of sustainable aviation fuel (SAF) and sell it to Delta Air Lines at the Los Angeles International Airport."