Nicholas Flanders Speaks on E-Jet: What Will Fuel The Long Haul? FII7

Nicholas Flanders, Co-founder and CEO of 12, discusses carbon transformation and their product, eJet, a jet fuel made from CO2. 12 focuses on carbon transformation, creating valuable products from captured CO2. Their technology uses CO2, water, and renewable electricity to produce products typically derived from fossil fuels. The company aims to transition from fossil-based carbon sources to renewable ones. They produce E-jet fuel with over 90% lower CO2 emissions and CO2-made products like chemical feedstocks. 12 has partnerships with airlines like Alaska and Etihad Airways. The technology is ready for deployment with significant investments totaling $700 million. The roadmap includes commercializing E-jet with Alaska Airlines in 2024, scaling up production by 2025, and generating substantial revenue by 2026. 12's vision is to create a sustainable future while utilizing existing infrastructure and resources in a circular manner.