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The Biden administration earmarks $292 million to reduce US airplane emissions.
The FAA has announced that applications for the Fueling Aviation’s Sustainable Transition (FAST) grants are now open. It’s offering $245 million in funding for sustainable aviation fuel production and other infrastructure projects. The administration also approved $47 million in FAST grants for low-emission aviation technology projects.
Both blocks of funding are part of the Inflation Reduction Act of 2022. They’re supposed to “help aviation reach net-zero by 2050” as part of a goal Biden laid out by executive order in 2021. However, the UN recently said governments should move this goal forward by a decade.
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