Biden Administration Advances the Future of Sustainable Fuels in American Aviation

It is an honour to announce that Alder Fuels, our energy portfolio company, will be part of the transformative sustainability program led by The White House supporting the de-carbonisation of the aviation sector. We look forward to contributing our expertise in this alliance, in our common effort creating a more sustainable future in aviation and addressing the global climate crisis.

Xavier Adserà, Adequita Capital

The White House

New Actions Aim to Produce Three Billion Gallons of Sustainable Fuel, Reduce Aviation Emissions by 20% by 2030, and Grow Good-Paying, Union Jobs

Today, President Biden is taking steps to coordinate leadership and innovation across the federal government, aircraft manufacturers, airlines, fuel producers, airports, and non-governmental organizations to advance the use of cleaner and more sustainable fuels in American aviation. These steps will help make progress toward our climate goals for 2030 and are essential to unlocking the potential for a fully zero-carbon aviation sector by 2050. Today’s executive actions across the U.S. Department of Energy (DOE), U.S. Department of Transportation, US Department of Agriculture (USDA) Agricultural Research Service (ARS), United States Department of Defense, NASA – National Aeronautics and Space Administration, US General Services Administration, Federal Protective Service, and the US Environmental Protection Agency (EPA) will result in the production and use of billions of gallons of sustainable fuel that will enable aviation emissions to drop 20% by 2030 when compared to business as usual.

In support of Airlines for America’s new 2030 goal, several airlines have made specific pledges to ramp up use of SAF and advance sustainability across their operations:

  • United Airlines announced a new goal to reduce its carbon emissions intensity 50% compared to 2019 in by 2035. United Airlines and Honeywell also announced a new multi-million-dollar investment in Alder Fuels to produce carbon-negative sustainable aviation fuel at scale. Under the agreement, Honeywell and Alder Fuels will jointly commercialize the technology that could demonstrate greater than 100% lifecycle GHG emissions reductions for aviation fuel. United Airlines has committed to purchasing 1.5 billion gallons of this new SAF over the next 20 years.

To learn more, visit The White House’s website here.