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JetBlue, ConocoPhillips and Shell have invested greater than $80 million in Avnos, a Los Angeles-based firm creating hybrid direct air seize expertise for carbon-dioxide elimination, Avnos introduced Thursday. Avnos didn’t disclose every firm’s particular person stakes and stated it’ll use the funds to ship commercial-ready HDAC models by the tip of 2025.
JetBlue has invested in a number of sustainability-focused firms, together with Air Firm in September 2022and Common Hydrogen in April 2021. It additionally has made numerous commitments to buy sustainable aviation gasoline together with from Shell and Fidelis New Power.
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