Gevo (GEVO) and Future Energy Global said Wednesday they signed an offtake agreement for carbon abatement attributes, allowing airlines and others to cut CO2 emissions through Sustainable Aviation Fuel.
Under the deal, Future Energy will buy Gevo's Scope 1 and Scope 3 emissions credits tied to 10 million gallons of SAF per year, the company said, adding that this fuel will come from Gevo's planned alcohol-to-jet production site, Gevo ATJ-60.
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