US ethanol industry expands focus to lower-carbon aviation sector

The campaign reflects the ethanol industry's desire to expand into aviation following years of stagnant demand for the corn-based fuel as an ingredient in gasoline, and projections that motor fuel demand will fall in the future due to better efficiency and the ascent of electric cars.

Sustainable aviation fuel is considered vital to decarbonizing the hard-to-electrify airplane industry and the Biden administration is targeting at least 3 billion gallons of SAF production per year in the United States by 2030 as part of its broader push to fight climate change.

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Companies' cost inflation is slowing but shoppers may wait for lower pricesThe world's top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy, but it may take time before shoppers see significantly lower price tags for household goods.
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