Grain Markets and Other Stuff
@grainmarketsandotherstuff·35K subscribers·1.5K videos
Southwest Airlines LUV$ Corn Ethanol
Posted
February 29, 2024
Views
5,661
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282
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February 29, 2024
5,661
282
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Discover how Southwest Airlines and LanzaJet are collaborating to construct a cutting-edge US facility dedicated to producing Sustainable Aviation Fuel (SAF) from ethanol. With Southwest's $30 million investment, the facility aims to be operational within the next three to four years, contributing to LanzaJet's ambitious goal of producing one billion gallons of SAF annually by 2030.
Meanwhile, IFM Investors, an Australian airport investor, plans to inject over $651 million into SAF production in Australia, with a vision to increase the percentage of SAF in Australia's jet fuel consumption to 10% by 2030. This significant investment aligns with global efforts to reduce aviation emissions, supporting the Australian government's target of producing 3.7 billion gallons of SAF by 2050.
Stay updated on US ethanol production trends, recent declines notwithstanding, and ongoing adjustments in Brazil's soybean crop estimates due to adverse weather conditions affecting both northern and southern regions.
In other news, New York's legal action against JBS SA underscores the growing scrutiny of environmental commitments within the meatpacking industry, while lawmakers' agreement to avert a government shutdown provides temporary relief, funding government agencies until March 8 and March 22.
Keep abreast of these developments shaping the aviation industry, agricultural sector, and governmental policies, as stakeholders navigate toward a more sustainable and resilient future. ✈️🌱🏢
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