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aviation fuel demandCNBC
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87% Informative
Aviation industry sees "sustainable aviation fuel" ( SAF ) as only viable way to meet decarbonization targets.
Dealmaking is ramping up in the market as industry works towards net-zero carbon emissions by 2050 target.
SAF is more expensive for airlines to buy than conventional jet fuel, which is expected to mean higher costs for passengers.
Investors say they still need more certainty that government subsidies will continue to back SAF production in the decades to come.
The Biden administration's Inflation Reduction Act signed in 2022 spurred "extraordinary" growth in SAF companies and startups in the U.S. United Airlines established a $225 million SAF venture fund with partners including Boeing , Google , Embraer and other carriers.
HIF Global: "The truth is, it's going to be more expensive, you can't really sugarcoat that".
VR Score
89
Informative language
88
Neutral language
65
Article tone
semi-formal
Language
English
Language complexity
58
Offensive language
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
7
Source diversity
7
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