Startups

Microsoft invests $50M in Chicago clean-tech startup LanzaJet – Crain's Chicago Business


LanzaJet combines the ethanol with traditional kerosene to provide airlines with an alternative that has the same performance as traditional jet fuel but has about 70% less carbon emissions. 

The company’s biofuels plant, based in Georgia, is expected to begin production next year. The facility will have capacity to produce about 10 million gallons of jet and diesel fuel annually. Microsoft, which has a $1 billion carbon innovation fund, is trying to eliminate more pollution than it creates by 2030. It also plans to use biodiesel for generators at its data centers.

The U.S. has set a goal of producing 3 billion gallons of sustainable aviation fuel a year by 2030, and the European Union has set a 2050 target to have a blend of 63% of its aviation fuel from sustainable sources.



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