> "Big Oil has rivers of money to lobby and make sure carbon-neutral fuel startups can't legislate them out of the market."
I'm not trying to take an endorsing position on e-fuels, but wanted to note Prometheus talked in one of their interviews and argued they would work around tensions with 'big oil' not via legislation but having direct customer relationships with competitive price commitments:
"We have not gone to raise money from anybody in oil and gas. We've always said we wanted to go to our customers and form relations with them. So that's why a car company and a shipping company, for example. And we did LOIs with airlines. The ones that got published was with American Airlines. We said we'd give them 10 million gallons of jet fuel for one cent less than the spot price of Jet A."
I'm not trying to take an endorsing position on e-fuels, but wanted to note Prometheus talked in one of their interviews and argued they would work around tensions with 'big oil' not via legislation but having direct customer relationships with competitive price commitments:
From interview of Rob McGinnis ( https://curiositypodcast.substack.com/p/future-of-sustainabl... ) of Prometheus Fuels:
"We have not gone to raise money from anybody in oil and gas. We've always said we wanted to go to our customers and form relations with them. So that's why a car company and a shipping company, for example. And we did LOIs with airlines. The ones that got published was with American Airlines. We said we'd give them 10 million gallons of jet fuel for one cent less than the spot price of Jet A."