In California, Aemetis, Inc. as signed offtake agreement with Delta Air Lines for 250 million gallons of blended fuel containing sustainable aviation fuel (“SAF”) to be delivered over the 10-year term of the agreement. The aggregate value of the agreement is estimated to be more than $1 billion, including LCFS, RFS, 45Q and tax credits. […]
In Georgia, Platts reports that Delta Air Lines said in a quarterly earnings call that the company refuses to spend cash willy nilly on a RIN marketplace that it sees as non-transparent. He confirmed that the company has accrued the RINs required for the Monroe Energy refinery in Trainer, Pennsylvania despite media reports to the […]
In Pennsylvania, Reuters reports that Delta Air Lines has stopped buying RINs despite its growing $346 million liability for Monroe Energy—double its 2020 RIN purchase—because prices for credits are soaring and it hopes it can convince the Biden Administration to reduce its obligations. Merchant refiners like Monroe and others are seeking a temporary waiver form […]
There were 22 weekdays in April. There were 15 announcements about sustainable aviation fuel progress, advancements, implementations, and production in just those 21 days. What does that mean? Why is SAF suddenly taking off like never before, even as the aviation industry was turned upside down due to the COVID-19 pandemic? Why are companies pivoting […]
In Georgia, Delta Air Lines and Takeda Pharmaceutical Company Limited have entered into a Sustainable Aviation Fuel (SAF) agreement that will address carbon emissions from the company’s business travel with Delta. Through this agreement, Takeda joins the growing roster of corporate customers entering into SAF agreements facilitated by Delta, representing the shared commitment between both […]
In Washington, D.C., American Airlines, United Airlines, Delta Air Lines and other airlines met virtually on Friday with Secretary of Transportation Pete Buttigieg, National Economic Council Director Brian Deese, and National Climate Advisor Gina McCarthy to discuss economic recovery, climate crisis, COVID-19, and safety protocols, with airlines urging The White House’s help on greener fuels. […]
In Washington state, Delta Air Lines is investing $2 million to partner with Northwest Advanced Bio-fuels, LLC (NWABF) for the feasibility study of a biofuel production facility to produce sustainable aviation fuel and other biofuel products. The sustainable aviation fuel, expected to be produced in a facility in Washington State, could be used in Delta […]
