The Biden administration Tuesday sought to spur the growth of sustainable jet fuel, seen as crucial to reducing greenhouse gas emissions, with a system of tax credits for producers.
Aviation fuels made out of crops will help “decarbonize” the commercial airline industry, administration officials said as it unveiled the incentives, which were authorized in the Inflation Reduction Act.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla is no longer predicting a rebound in its electric…
Read more
The US is confronting an increased risk of recession as President Donald Trump’s trade war pushes the global economy into a “significant slowdown”, the IMF has warned, with the fund’s…
Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kemi Badenoch has said the local elections next week will…
Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold hit a record $3,500 a troy ounce for the…
Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street stocks and the dollar tumbled amid mounting uncertainty…
Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was a mark of the humanity that typified his…
Read more