Why green air travel will save US corn farmers from extinction
The search for new uses for ethanol represents a pivot for an industry that has been powered by the force of the U.S. government for almost half a century.
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The search for new uses for ethanol represents a pivot for an industry that has been powered by the force of the U.S. government for almost half a century.
(Bloomberg) -- For US corn farmers, the rise of green jet fuel is their best hope of staving off an existential threat.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023Costco Offers Members $29 Online Health Care VisitsWith battery-powered cars poi
Gevo and the USDA are working together to increase SAF production while accounting for carbon intensity.
Gevo Inc. has finalized and executed a notice of grant and agreement award with the USDA for a Partnerships for Climate-Smart Commodities grant of up to $30 million for Gevo’s Climate-Smart Farm-to-Flight Program.
The biofuel industry is optimistic that a broad range of agricultural feedstocks, including soybean oil, will be eligible for a valuable new tax credit that’s intended to stimulate production of sustainable aviation fuel.