Latest news with #LanzaJet
CBS News
3 days ago
- Business
- CBS News
Chicago conference looking into ways to make transportation more sustainable
A major conference in Chicago this week was focused on finding sustainable solutions to some of the nation's biggest environmental problems, and one major concern was transportation. Emissions from cars and trucks are among the greatest sources of air pollution in the Chicago area. With Illinois' air pollution worse than the national average, experts are talking about ways to change that. At the Sustainability Research and Innovation Congress in downtown Chicago this week, global leaders gathered to focus on solutions for making transportation more sustainable and better for the environment; whether it be planes, trains, buses, or cars. "Chicago really has the ability to be sort of an epicenter for climate leadership," said Erik G. Birkerts, Chief Growth Officer at LanzaJet, a sustainable fuel technology company. Imad Al-Qadi, the Director of the Illinois Center for Transportation, said transportation is responsible for 29% of greenhouse gas emissions in the United States – known to have an impact on health and the environment. In Chicago, transportation accounts for 32% of greenhouse gas emissions. "We are at a point where we can make a big change," Al-Qadi said. "We have a very aggressive program to reduce the energy that is generated from the coal." As part of the Climate and Equitable Jobs Act passed in 2021, Illinois has a goal to achieve 100% clean energy by 2050. "Transportation is one of these sectors that is known to be as hard to decarbonize," Birkerts said. So what's happening in Chicago, and what more can be done to reach the state's clean energy goal? Spokespeople for the CTA said the agency is environmentally conscious, and after successfully deploying two electric buses in 2014, they have plans to add 20 to 30 more in the next few years. A spokesperson for Metra said the rail agency this week won a more than $23 million award to buy three battery-electric switch locomotives, replacing some of Metra's oldest, most-polluting diesel locomotives. "The purchase, which will comply with the federal Build America Buy America Act, will serve as a pilot project to test battery-electric technology for railroad locomotives. Metra will also provide $5.8 million as the local match for the project. The project is expected to go out to bid later this year," the agency said. Pace representatives said they are also focused on sustainability, noting the agency recently broke ground on its first all-electric bus facility in Waukegan. "Our Project Zero initiative is focused on sustainability. All of the program goals and milestones are on the project webpage," a spokesperson said in an email. "The public transportation is always saving in the emission anyway," Al-Qadi said.
Cision Canada
12-06-2025
- Business
- Cision Canada
LANZAJET EXPANDS PARTNERSHIP WITH MICROSOFT TO STRENGTHEN THE COMPANY'S GLOBAL GROWTH
This agreement deepens multi-level collaboration with Microsoft across climate investment, renewable fuel offtake, and now digital infrastructure CHICAGO, June 12, 2025 /CNW/ -- LanzaJet, Inc., a leading next-gen fuels technology company and producer of sustainable fuels, today announced a new agreement with Microsoft to adopt Microsoft Azure as the company's preferred cloud platform. The agreement marks an expansion of LanzaJet's partnership with Microsoft and underscores the central role innovation plays in scaling next-generation fuels for aviation. LanzaJet will leverage Azure to support their global growth by enhancing the company's operational systems, financial platforms, and data-driven decision-making capabilities, including those related to plant performance and supply chain optimization. "For early-stage technology companies like LanzaJet, partners matter, and Microsoft has been with us from the start," said Anne Sidio, Chief Transformation Officer at LanzaJet. "This agreement builds on a multi-level relationship with Microsoft, from early investment in our company to renewable fuel offtake agreements and now digital infrastructure, reflecting the kind of collaboration needed to accelerate innovation, scale operations, and build a secure and resilient global platform." Microsoft has been a cornerstone partner in LanzaJet's journey, providing both capital and commercial alignment. The Microsoft Climate Innovation Fund was among the first institutions to invest in LanzaJet, offering one of the company's earliest low-interest loans to help finance the construction of LanzaJet Freedom Pines Fuels, the world's first commercial ethanol-to-SAF facility in Soperton, Georgia. Microsoft deepened that commitment in 2024 with a direct investment in LanzaJet to support continued global deployment of its technology. In addition to financial backing, Microsoft is also an offtaker of LanzaJet's fuels, leveraging renewable diesel as well as SAF Certificates (SAFc) from future LanzaJet projects to advance its own emissions reduction goals and fulfill its industry-leading sustainability commitments, including becoming carbon negative by 2030. With today's announcement, Microsoft becomes a core technology partner supporting LanzaJet's internal systems as the company scales its global operations. "Microsoft's continued support of LanzaJet reinforces the critical role enterprise-grade technology can play in climate innovation," said Alistair Speirs, Senior Director of Azure Global Infrastructure at Microsoft. "We are glad to be partnering with a leader in the sustainable fuels industry and be a part of LanzaJet's continued mission to decarbonize aviation." As LanzaJet expands its project portfolio across the U.S., Europe, Asia, and Latin America, building their global platform on Azure will enable secure, scalable connectivity across regions, while supporting robust data management in areas ranging from feedstock traceability to emissions accounting. This announcement follows a series of milestones for LanzaJet, including recent recognition from TIME100, S&P Global, and Reuters for the company's innovation, impact, and leadership in the global clean energy transition. LanzaJet is a leading alternative fuels technology provider with patented ethanol-based alcohol-to-jet (ATJ) technology. LanzaJet is creating an opportunity for future generations by accelerating the production and deployment of Sustainable Aviation Fuel (SAF) and other alternative fuel technologies critical to transform the global economy. LanzaJet was recently named TIME100 Most Influential Companies for 2024 and a Rising Star Company of the Year by S&P Global. Further information is available at .
Business Wire
03-06-2025
- Business
- Business Wire
LanzaJet and ATOBA Energy Sign Memorandum of Understanding to Expand Access to Sustainable Aviation Fuel Market
CHICAGO--(BUSINESS WIRE)--LanzaJet, a leading next-generation fuels technology company and producer of sustainable fuels, and ATOBA Energy, a sustainable aviation fuel (SAF) aggregator committed to solving the financial challenges between producers and offtakers, have signed a memorandum of understanding (MoU) to collaborate on accelerating SAF deployment and creating new commercial models for the market. 'This collaboration with ATOBA Energy is about building the kind of aligned ecosystem we need to drive innovation, catalyze investment, and accelerate SAF deployment globally" said Jimmy Samartzis, Chief Executive Officer of LanzaJet Share The two companies will partner to enable greater access to SAF through new pricing and offtake structures that balance the needs of both SAF producers and buyers. The agreement outlines a shared intent to evaluate commercial models that support SAF procurement in ways that reflect the value of the Alcohol-to-Jet (ATJ) fuel pathway pioneered by LanzaJet. 'Scaling SAF requires flexible, forward-thinking commercial models that work for both producers and consumers,' said Jimmy Samartzis, Chief Executive Officer of LanzaJet. 'This collaboration with ATOBA Energy is about building the kind of aligned ecosystem we need to drive innovation, catalyze investment, and accelerate SAF deployment globally. It's another step forward in ensuring that the value of next-generation technologies like ours can be realized at scale because the future growth and sustainability of aviation depends on it.' ATOBA uniquely facilitates the development of SAF production through its upstream and downstream SAF offtake portfolio management. By offtaking from diversified producers that use production technologies like HEFA, Alcohol to Jet, Gas-Fischer Tropsch, or Power to Liquids, ATOBA mitigates technological and pricing risks associated with the various SAF production pathways and facilitates the closing of long-term offtake agreements among airlines, jet-fuel distributors, SAF producers, and financial institutions, which are essential for scaling the industry. For LanzaJet's ATJ technology, such models help preserve the integrity of its value proposition and support more sustainable growth pathways. 'We are delighted to develop long term offtake agreement models with LanzaJet, a company that is leading the alcohol-to-jet (ATJ) pathway. ATJ plays a key technological role in scaling the SAF industry as it contributes to using the best production route and feedstock depending on the specific regional characteristics. Developing LanzaJet in our portfolio of SAF producers is an essential brick in our aggregation strategy, reinforcing our ability to provide diversified, reliable, and scalable SAF solutions to the market,' highlighted ATOBA Energy co-founder and CEO Arnaud Namer. Both companies recognize the urgency of decarbonizing aviation and the need for commercial frameworks that support scale, diversification, and long-term market viability. By working together, LanzaJet and ATOBA aim to contribute to the development of a more stable, transparent, and innovation-supportive SAF market. ABOUT LANZAJET LanzaJet is a leading alternative fuels technology provider with patented ethanol-based alcohol-to-jet (ATJ) technology. LanzaJet is creating an opportunity for future generations by accelerating the production and deployment of SAF and other alternative fuel technologies critical to transform the global economy. LanzaJet was recently named TIME100 Most Influential Companies for 2024 and a Rising Star Company of the Year by S&P Global. Further information is available at ABOUT ATOBA ENERGY ATOBA is the midstream Sustainable Aviation Fuel (SAF) aggregator focused on accelerating the aviation industry's energy transition through solving the financial dilemma between airlines and producers. ATOBA provides long-term SAF contracts to airlines and jet-fuel resellers at optimized market SAF pricing indexes. The company brings high security and competitiveness to the SAF supply chain for its airline partners via offtake from diversified producers and technologies, as well as best-in-class sector expertise. Simultaneously, ATOBA's aggregation strategy allows the SAF industry to scale by providing producers with long-term offtake agreements that support their Final Investment Decisions for their SAF production plants. Further information is available at
Bloomberg
16-04-2025
- Business
- Bloomberg
US Biofuel Industry Sees Threats to Feedstock From Trump Tariffs
LanzaJet Inc. has ambitions to become the first ever commercial maker of green jet fuel made from ethanol. But now, US tariffs on Brazilian biofuel are creating a problem. While its plant in Georgia sits about 1,000 miles from the biggest US corn and ethanol hub in Iowa, it is positioning to take in shipments instead from South America. It's not that LanzaJet doesn't want to use domestic farm products for its fuel. Rather, those commodities aren't deemed climate-friendly enough under US federal guidelines to qualify for a tax credit, known as 45Z, aimed at boosting production of low-carbon fuels — including sustainable aviation fuel, or SAF.
