Friday, October 7, 2016

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That barely registers next to the more than 83 billion gallons airlines consume each year. Investments in biofuel, meanwhile, are at a record low, with $322 million in backing globally during the first six months of 2016, according to BNEF. Thats off 64 percent from the first half of 2015 and down 98 percent from a decade ago, when ethanol production for automobiles took off. This is still a pipe dream, Curry said. No one has figured out how to make these fuels at scale yet. The technologies are really complicated. They often dont work. And the plants can cost half a billion dollars to build. Advocates for renewable jet fuel say the industry will develop after the UN accord takes effect and drives up demand, just affordable flights to orlando from colorado springs as ethanol production boomed in the U.S. after lawmakers passed the Renewable Fuel Standard in 2005. Patrick Gruber, chief executive officer of Gevo Inc., said its jet fuel works, and scaling up is cookie cutting. We know how to do this, Gruber said.

For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/articles/2016-10-03/airlines-pin-low-carbon-future-on-fuels-nobody-has-mass-produced

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President direct flights to new york Barack Obama talks to the media about Hurricane Matthew next to Craig Fugate, Administrator of the Federal Emergency Management Agency (FEMA), at FEMA Headquarters in Washington, U.S., October 5, 2016. REUTERS/Yuri Gripas 1/5 left right U.S. President Barack Obama talks to the media on Hurricane Matthew at FEMA Headquarters in Washington, U.S., October 5, 2016. REUTERS/Yuri Gripas 2/5 left right U.S. President Barack Obama talks to the media about Hurricane Matthew at FEMA Headquarters in Washington, U.S., October 5, 2016. REUTERS/Yuri Gripas 3/5 left right U.S. President Barack Obama talks to the media about Hurricane Matthew at FEMA Headquarters in Washington, U.S., October 5, 2016. REUTERS/Yuri Gripas 4/5 left right Craig Fugate (2nd R), Administrator of the Federal Emergency Management Agency (FEMA), listens to U.S. President Barack Obama talking to the media about Hurricane Matthew at FEMA Headquarters in Washington, U.S., October 5, 2016.

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