UPDATE - US Invests In Development Of Biofuels For Aircraft, Ships - Energy Secretary
Umer Jamshaid Published April 09, 2021 | 01:40 AM
WASHINGTON (UrduPoint News / Sputnik - 09th April, 2021) The United States is investing in the development of aircraft and ship biofuels as well as in the reduction of methane emissions in the fossil fuel industry, Energy Secretary Jennifer Granholm said in a briefing on Thursday.
"Today, we are announcing another two funding opportunities for clean energy technology. One of them is to create next generation bio-fuels for airplanes and ships which are very hard to electrify, and the second is to announce clean energy technology funding opportunity to reduce methane emissions from the coal, oil, and gas industry," Granholm said.
According to the Energy Department press release published today, the amount of funding for the initiative is $61.4 million and will help accelerate the US on its way to zero carbon emissions by 2050.
Aircraft and ships are very difficult to electrify and therefore require a doubling down on research and development to accomplish that, Granholm added as cited by the release.
In another release today, the Energy Department announced up to $35 million funding for a new program that will focus on technologies to reduce methane emissions in the oil, gas, and coal industries to cut methane accumulation in the atmosphere and mitigate the effects of climate change.
Biofuels are produced by converting recently-living organic materials like crop waste, food waste, and algae into a liquid fuel, which can serve as a low-carbon equivalent to fossil-based fuels such as gasoline, jet, and diesel fuel, the release said.
President Joe Biden's Jobs Plan he announced in March envisions significant investments into the US infrastructure with green energy technologies being among the top priorities.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 24 April 2024
Today Gold Rate in Pakistan 24 April 2024
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
Dutch model Donny Roelvink embraces Islam
Experts raise concerns over introduction of 10-stick packs
Iranian president arrives in Karachi
Law Minister expresses Govt's resolve to address issue of missing persons
Rizwan’s batting order may be changed: Sources
Nawaz Sharif to visit Guangzhou exhibition in China
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
Iranian President visits Allama Iqbal’s mausoleum
More Stories From World
-
Victims of China floods race to salvage property
14 minutes ago -
China to send fresh crew to Tiangong space station
53 minutes ago -
Norman says McIlroy welcome on LIV Tour, but denies any offer
53 minutes ago -
China, future HQ: New ASML boss faces bulging in-tray
54 minutes ago -
Trump meets former Japanese prime minister in New York
1 hour ago -
'Catch and Kill' architect details Trump-boosting scheme
1 hour ago
-
Wolves overpower Suns to lead series 2-0, Pacers down Bucks
1 hour ago -
Top price predicted for long-lost Klimt portrait at Vienna auction
1 hour ago -
Maduro announces return of UN rights office to Venezuela
1 hour ago -
Large crowds march against Argentina public university cuts
2 hours ago -
Football: Italian Cup result
2 hours ago -
Football: English Premier League result
2 hours ago