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September 29, 2021 — American Airlines has joined the Breakthrough Energy Catalyst Initiative to accelerate clean energy technologies. The program aims to raise money from various organizations to make capital investments to assist in making clean energy technologies more accessible and affordable. American Airlines announced an investment of $100 million in the initiative to focus on key areas such as direct air capture, green hydrogen, long-duration energy storage, and sustainable aviation fuel. The support from companies such as American Airlines comes after the Biden Administration’s plans to accelerate carbon cutting, targeting a 20% reduction in airline emissions by 2030.
More information on the Breakthrough Energy Catalyst can be found here.
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