Gevo gives update on U.S. Department of Agriculture grant
In Colorado, Gevo said the firm has been tentatively awarded up to $30 million by the U.S. Department of Agriculture to advance its Climate-Smart Farm-to-Flight initiative. This award and program are expected to be finalized in the coming months.
“Gevo will be working with its strong team of partners in the Lake Preston, South Dakota area to lower the company’s carbon footprint throughout the SAF business system as well as within other projects in Gevo’s portfolio of projects,” the company said in a statement.
“Gevo plans to deliver a high-quality carbon accounting system that will help reward growers who adopt farming methods that reduce greenhouse GHG emissions. This accounting system will focus on the importance of immutable tracking and tracing of carbon-intensity scores that begins at the farm level and follows the molecules through the production of SAF and finally to its ultimate use in a jet engine.”
The firm said it plans to accomplish these goals through further development and implementation of Verity Tracking, which is a blockchain-enabled solutions platform for carbon tracking throughout an entire business system.
Category: SAF
