Portrait of the Gambler’s Fallacy
Houston, Texas-based clean technology concern Cemvita Corporation announced on 13 September 2023 that it had entered into an offtake agreement with United Airlines by which the Chicago-based air-carrier will purchase up to one-billion-gallons of so-called Sustainable Aviation Fuel (SAF) from Cemvita’s first full-scale SAF plant. Per the agreement’s provisions, Cemvita will annually supply United Airlines up to fifty-million-gallons of its CO2-derivative SAF for twenty-years.