Bank of America Sustainable Aviation Buyers Alliance Announces Aviation Decarbonization First with Collective Purchase of Sustainable Aviation Fuel Certificates MarketScreener

BOULDER, CO – For the first time, companies including Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co., Meta and clean energy nonprofit RMI are joining together through the Sustainable Aviation Buyers Alliance (SABA) to purchase sustainable aviation fuel (SAF) certificates at scale. This leap forward from previous individual SAF certificate purchases by corporations dramatically strengthens the demand signal aviation customers are sending to the SAF market. SAF is a drop-in fuel made with renewable or waste feedstocks that can significantly reduce the carbon pollution from flight. Currently, SAF makes up less than 0.1% of global jet…