United Airlines Investing in Startup Producing Jet Fuel from Organic Waste
On Tuesday, United Airlines invested $30 million in Fulcrum BioEnergy, an East Bay startup that will make jet fuel from nothing but garbage. To state it more accurately, the fuel will be prepared from tons of discarded organic waste in America.
Pleasanton based Fulcrum, collects the waste that otherwise goes in the landfill to make fuel by applying heat and pressure. The organic waste is converted into a hydrocarbon-rich gas which is then altered into jet fuel or diesel.
The fuel made by Fulcrum will allow United Airlines to cut down its share of green house gases as well will give it a more balanced position against the volatile global oil prices.
The fuel prepared by Fulcrum from garbage emits eighty percent less emission as compared to the petroleum based fuel used in jets. This also takes into consideration the manufacturing processes of both the fuels.
Chicago based United Airlines will help Fulcrum build five plants where waste will be turned into fuel. These locations will be spread out all over the nation but each of them will be placed close to a United Airlines hub. The first delivery of jet fuel from these units is likely to start from 2018. The price of the fuel was not disclosed but both companies said that it is going to be "competitive" with the normal jet fuel.
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