In Colorado, Gevo unveiled a compelling report by Charles River Associates detailing the economic and environmental gains from sustainable aviation fuel production, notably at its planned Net-Zero 1 facility in South Dakota. According to the study, every federal dollar invested in SAF yields $4-6 in economic benefits.
The NZ1 facility, which focuses on converting alcohol to jet fuel, promises substantial local and national advantages. Lindsay Fitzgerald, Gevo’s Senior Vice President of Public Affairs, emphasized that the facility will not only reduce emissions but also bolster job creation and support agriculture nationwide, without compromising economic benefits.
The report illustrates NZ1’s potential to be transformative for SAF production, enhancing energy security and reducing greenhouse gases. Benefits quantified in the report include substantial local economic growth, creation of over 800 jobs, and significant environmental impacts like reduced particulate matter emissions valued at $0.12 per gallon.
Tags: Colorado, Gevo, SAF
Category: Fuels
