Will there be turbulence or clear skies for sustainable aviation fuel?

The Biden administration is working to reduce US aviation emissions by 20% by 2030 and achieve net-zero emissions for the sector by 2050. To meet this goal, the administration launched the Sustainable Aviation Fuel Grand Challenge to catalyze the production of at least 3 billion gallons of sustainable aviation fuel (SAF) per year by 2030 and 35 billion gallons per year of SAF by 2050. Gevo is currently the third largest worldwide supplier of SAF and has committed to delivering 1 billion gallons per year of SAF and other renewable fuels by 2030. Gevo CEO Patrick Gruber joined the podcast to discuss the policies and market dynamics needed for the significant boost in SAF production envisioned by the administration. He also addressed pain points to deploying SAF projects and sought to debunk some false narratives surrounding the SAF industry. Stick around after the interview for Starr Spencer with the Market Minute, a look at near-term oil market drivers.