NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Sustainable aviation fuel is finally having its moment, a success story that shows the challenges that promising climate technologies have to overcome to scale up enough to make a real dent in emissions.

Pat Gruber learned the hard way how difficult it can be to raise money for novel climate tech. When he went to apply for a US federal loan to build a big new SAF factory, he thought the money would be easy to lock in. It wasn’t.

Photo courtesy of Aric Cheng.