FAA announces nearly $300M for sustainable aviation

In Washington, the Federal Aviation Administration announced nearly $300 million in funding for projects to help achieve America’s goal of net-zero emissions from aviation by 2050 as part of President Biden’s Investing in America Agenda, a key pillar of Bidenomics.

The application window is now open for $245 million in Sustainable Aviation Fuels (SAF) infrastructure projects and $47 million in low-emission aviation technology projects. The funding comes from the Inflation Reduction Act—the largest climate investment in history—which has invested billions of dollars to reduce the nation’s carbon emissions and help aviation reach net-zero by 2050.