Repsol Invests $217 Million In Sustainable Jet Fuel Production

Repsol has invested a whopping €200 million ($217 million) in southeast Spain to set up a plant that converts used cooking oil into sustainable aviation fuel (SAF).  While the project has piqued widespread interest, the company is concerned about Europe's regulatory environment and legal instability that might impede the industry's growth. Oliver Fernandez, the director for air-fuel in Madrid, noted, "(In Europe) there is a legal instability and a regulatory machinery that is very complex and very discouraging towards seeking new…