Fate of US Corn Farmers Hinges on Future of Green Air Travel

Sept. 26, 2023, 1:00 PM UTC

For US corn farmers, the rise of green jet fuel is their best hope of staving off an existential threat.

With battery-powered cars poised to slash gasoline demand by 2040, corn-ethanol makers need to find new markets, and fast. After all, roughly 40% of the country’s output of the grain is used to make the biofuel that’s blended into gasoline.

That’s why some producers are betting on a nascent technology that promises to use ethanol to power planes.

“It’s a lifeline,” said Patrick Gruber, chief executive officer of renewable fuels producer Gevo Inc., which is building an $850 ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.