Brazil’s Eight-Year Campaign for Green Jet Fuel Hits the Trump Wall
US decisions to limit a tax credit and impose 50% tariffs are curbing access to the largest aviation market.
Corn is unloaded during a harvest in Sinop, Brazil.
Photographer: Victor Moriyama/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, agriculture reporter Dayanne Sousa discusses how shifting US tax policies are frustrating Brazil’s push to supply green jet fuel.
It took eight years of intense lobbying for Brazilian ethanol makers to gain the upper hand in global jet fuel markets. Then Donald Trump retook the White House, and it was all for naught.