11/28/2008 05:12 am ET | Updated May 25, 2011

Biofuel Jets: No Longer A Flight of Fancy

Will aircraft one day run on fuel made from algae or grass? It seems like a flight of fancy, but with Europe planning to cap greenhouse gas emissions from planes, air carriers will have extra motivation.

Last month Boeing, the Natural Resources Defense Council and others in the airline industry announced the creation of a group to study the prospects for biofuel jets, citing the oil-price volatility that has rocked the aviation industry, as well as efforts to cut carbon.

It's a continuation of the airline industry's growing interest in alternative fuels and overall energy efficiency, as Micki Maynard noted in July.

"You can significantly reduce your greenhouse gas profile using renewable synthetic kerosene," said Darrin Morgan, who is in charge of environmental strategy for Boeing commercial planes.
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