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Reuters

Reuters

US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects

Reuters
Summary
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80% Informative

The U.S. Department of Energy has approved conditional loan guarantees totaling nearly $3 billion for two aviation fuel projects.

Funding of up to $1.44 billion to Calumet 's unit would support the expansion of its facility in Montana .

The White House aims to meet all of the US .'s aviation fuel demand with SAF by 2050 and to supply at least 3 billion gallons of SAF annually by 2030 .

VR Score

90

Informative language

95

Neutral language

74

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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