Clean Jet Fuel Gets a Lift from the Government. Stocks of Gevo and Calument Pop.

By MarketWatch | Oct 18, 2024 at 02:30 AM EST

The Biden administration is providing loans to biofuel companies that produce cleaner jet fuel from animal fats and plants. This has boosted the stocks of Gevo and Calumet, signaling a positive development for the industry despite challenges in profitability.

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