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ADM Bets Big on Clean Jet Fuel as Airlines Aim to Cut Emissions

  • Company wants to slash ethanol output to make green jet fuel
  • Airlines are under pressure to reduce mega-carbon footprint

Archer-Daniels-Midland Co. is making a major move into sustainable jet fuels, and betting that airlines will remain under pressure to offset the gigantic carbon footprint of air travel.

ADM, one of the world’s biggest grain traders, has plans to slash more than half of its capacity for corn ethanol for cars and transition it to clean jet fuel production. To accomplish this, ADM is planning to work with renewable fuel maker Gevo Inc., according to a release Monday.