LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market.
The bioeconomy is key to our future! We are a community of business leaders working to solve our world’s greatest challenges. I am honored to be named among these visionaries and grateful to the readers of Il Bioeconomista for taking such a big interest in the work we all do. To say it – in this exclusive interview with Il Bioeconomista – is Jennifer Holmgren, the Most Innovative Bioeconomy CEO 2021 according to our readers. She talks about this recognition but above all about the bioeconomy and our carbonsmart future.
Commitments made in advance and during COP26 have put keeping global warming to 1.5°C within reach, accelerating investment towards net zero emissions. Stronger policies and 2030 targets are still required to unlock the trillions of dollars required to avoid the worst impacts of climate change.
“Global warming of above 1.5°C presents irreversible, foreseeable and large-scale risks to investors and financial markets,” Rebecca Mikula-Wright, Chief Executive Officer of the Asia Investor Group on Climate Change (AIGCC), said. “The commitments that have come out ahead and as part of Glasgow have been significant but global action is still falling short.
Over the last seven years, the BBI JU has established itself as a game-changer in the European bio-based economy. By replacing fossil-based materials and products with bio-based ones, using local, sustainably sourced feedstock and developing circular production processes, the BBI JU-funded projects have given an important contribution to the green transition in Europe. A new publication takes stock of BBI JU’s achievements and impacts in the 2014-2020 period.
“Already now, the circular and sustainable bioeconomy is contributing to all dimensions and objectives of the European Green Deal. Through the substitution of fossil-based products and materials and through carbon sequestration in soil and forests, together with its storage in harvested wood products, the bioeconomy can generate significant carbon savings to reduce the EU’s greenhouse gas emissions by at least 55% by 2030”. To say this is a European Commission’s official, who prefers to remain anonymous. In this long interview with IlBioeconomista, the Commission’s official talk about the Green New Deal, the bioeconomy and the partnership Circular Bio-based Europe.
Without soil there is not agriculture and without agriculture there is not bioeconomy. The USA celebrates the introduction of the Cultivating Organic Matter through the Promotion of Sustainable Techniques (COMPOST) Act in the U.S. House of Representatives. This far reaching new federal bill aims to proactively advance composting infrastructure and support across the country. Specifically, the proposed legislation would amend the Food Security Act of 1985 to officially define and designate composting as a conservation practice and activity. The US Composting Infrastructure Coalition (USCIC), of which the Institute for Local Self-Reliance is a founding member, played a pivotal role in the development of the bill.
According to the International Press Agency Reuters, President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with the matter said.
The issue pits two of the administration’s important political constituencies against each other: blue-collar refinery workers and farmers who depend on biofuel mandates to prop up a massive market for corn.
It could prompt an about-face for the administration, which had been rolling back former President Donald Trump’s dramatic expansion of waivers for U.S. refiners from the Renewable Fuel Standard.
UPM Plywood, Arctic Astronautics and Huld are ready to launch the first ever wooden satellite, WISA WOODSATTM, into Earth’s orbit by the end of 2021.
WISA Woodsat will go where no wood has gone before. With a mission to gather data on the behavior and durability of plywood over an extended period in the harsh temperatures, vacuum and radiation of space in order to assess the use of wood materials in space structures.
“I think the overall policy framework is clear about the strategic role of bio-based industries in achieving the EU sustainability objectives. There is also clarity about the direction of EU support in the coming decade.” Philippe Mengal, executive director of the Bio-based Industries Joint Undertaking talks to Il Bioeconomista.