The Federal Aviation Administration (FAA) announced $300 million
in funding for projects to help the aviation sector reach net-zero
emissions by 2050. The application window is now open for $245
million in Fueling Aviation's Sustainable Transition
Sustainable Aviation Fuels (FAST-SAF) infrastructure projects and
$47 million in low-emission aviation technology projects. The
funding comes from the Inflation Reduction Act.
The new FAST-SAF grants will focus on producing, transporting
and blending sustainable aviation fuel. Separately, the FAST-Tech
funds aim to accelerate aviation technology projects that reduce
greenhouse gas emissions, improve aircraft fuel efficiency and
increase the usage of sustainable aviation fuel. Entities eligible
for the program include airports, air carriers, universities,
aviation and aerospace companies, state and local governments, and
nonprofit organizations.
