Policy and Investment Failures Doomed the Biofuel Revolution
To reignite the industry, biofuels need the type of government incentives that allowed solar and wind companies to flourish, analysts say.
Honeywell’s Gulfstream G450 on the tarmac in Morristown, N.J., before the first biofuel-powered transatlantic flight on June 17, 2011.
Source: Todd Woody
The mood was celebratory on a humid June evening in 2011 as a red-and-white Gulfstream G450 belonging to Honeywell International Inc. took off from a New Jersey airport at sunset on a history-making flight to Paris.
I was onboard the executive jet to report on the first transatlantic flight powered by biofuels. One of the Gulfstream’s engines was burning a blend of petroleum and a sustainable aviation fuel made with oil from the seeds of the inedible weed camelina.