… A gallon of sustainable aviation fuel costs almost twice as much as traditional aviation fuel, according to the International Air Transport Association. Carbon recycling technology is broadly expensive, limiting how widely these kinds of systems can be embraced, which can then limit their development and adoption. The Biden administration took a step to address that chicken-and-egg problem Monday with the announcement of a $100 million grant program aimed at subsidizing carbon recycling purchases by state and local governments, as well as public utilities. Geoff Cooper, CEO of the Renewable Fuels Association, said that the funding will also help stimulate...