Microsoft’s Climate Innovation Fund will invest $50 million in a LanzaJet facility in Georgia to produce jet fuel from ethanol next year, according to a LanzaJet press release. The invested funds will go toward finishing the construction of the Freedom Pines Fuels Plant in Soperton, Georgia, with plans to start producing 10 million gallons of sustainable aviation fuel (SAF) and renewable diesel per year from sustainable ethanol, including from waste-based feedstocks, in 2023. LanzaJet, a Chicago-based spinoff of clean energy company LanzaTech, says that the facility is the world’s first alcohol-to-jet sustainable fuel production plant. The renewable fuel company says its goal is to bring lower-cost sustainable aviation fuel and renewable diesel to the market. LanzaJet officially spun out from LanzaTech in 2020 after major investors put money into the new energy company. Along with making renewable jet fuel, the company is developing new technology that turns waste into chemicals that …