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Lufthansa to Buy $250 Million of Green Fuel to Curb Emissions

An aircraft of German airline group Lufthansa takes off above others parked on the tarmac at the airport in Frankfurt, Germany.

An aircraft of German airline group Lufthansa takes off above others parked on the tarmac at the airport in Frankfurt, Germany.

Photographer: Arne DedertAFP

Deutsche Lufthansa AG said it would buy $250 million of sustainable jet fuel, although its greenhouse gas emissions will still rise substantially as the German carrier adds back flights. 

Europe’s largest airline group will acquire the alternative stocks over the next three years, with the investment equivalent to about 1% of its bill over that period, according to Bloomberg calculations.