Microsoft (MSFT) and Shell (SHEL) are placing their bets on a “greener” jet-fuel company…
According to CNBC, Microsoft recently invested $50 million in Chicago-based LanzaJet. Lanzajet is a start-up that is focused on the development of low-emission, ethanol-based jet fuel.
However, Microsoft isn’t the only company that has taken an interest in the start-up. Shell, the U.S. Department of Energy, and several other energy companies and airlines have also invested in LanzaJet.
That’s because while many governments and businesses around the world are looking to achieve net-zero emissions by 2050, electric and hydrogen-fuel-based airplanes are unlikely to be able to travel long distances any time soon.
As a result, these investors are turning to a company that will help facilitate the transition to greener fuels – while also maintaining the travel capabilities of dirtier forms of energy.
And while there are a variety of ways the U.S. can cut down on its emissions, the airline industry is not only a major contributor to the country’s greenhouse gas production, but it’s also the hardest to decarbonize.
According to the White House, non-military aviation accounts for 11% of the U.S.’s transportation-related emissions. And almost all of those emissions are generated from jet fuel.
So, if LanzaJet can successfully create ethanol-based jet fuel, it should not only help lower broader emissions, but also avoid completely disrupting the pivotal travel industry. This is particularly true considering ethanol-based fuel would already be compatible with existing planes.
Under normal circumstances, jets typically last 20 to 30 years. Meanwhile, the production of a new plane requires at least 10 years. This suggests that even if a renewable-powered plane were to launch, it would take a decade for it to hit the market in the most ideal situation.
However, given the fact that most of the world will remain reliant on fossil fuels for several decades, it’s more realistic to anticipate that hydrogen or electric-powered jets will take much longer than 10 years to hit global markets.
That’s exactly why LanzaJet’s solution is so appealing to Microsoft, Shell, and even the U.S. government – as it will be the best option for the industry for at least 20 years, if not longer.
$12 Trillion Fuel Wrecks Tesla’s Hopes
Sponsored
Just a stone’s throw from the Tesla Gigafactory…
In an underground cave 3,000 feet below the surface…
Is a $12 trillion fuel that Goldman Sachs predicts is going to launch electric vehicles to total market dominance.
And it has NOTHING to do with batteries, lithium, or solar.
In fact, it’s promising to render Tesla OBSOLETE.
This fuel, called “Blue Gas,” is now at a major tipping point…
Bank of America compares it to “the Internet pre dot com or the smartphone pre-2007.”
Bloomberg predicts use of this fuel is going to “skyrocket 1,000 times over.”
And Goldman Sachs estimates the potential market at $12 trillion, calling it a “once in a lifetime opportunity.”
I agree. Because I have video proof of exactly what “Blue Gas” is capable of doing.
And I’ve got the inside scoop on the tiny stock at the forefront that is eating Elon Musk’s lunch.
