The California company has defaulted on $289 million in Nevada bonds and put $500 million in financing for a facility in Indiana on hold. Meanwhile, U.S. senators don’t want tax credits financing plastics-to-jet-fuel schemes.
Six Senate Democrats last month sent a letter to the head of the Internal Revenue Service urging the federal tax agency to prohibit companies that make fuels from plastics and other petroleum products from qualifying for federal tax credits under the Inflation Reduction Act, President Biden’s landmark climate legislation.
Fulcrum Bioenergy, Aiming to Produce ‘Net-Zero’ Jet Fuel From Plastic Waste, Hits Heavy Turbulence
Climate Change
As Global Warming Threatens Corals Worldwide, Woods Hole Scientists Search for ‘Super Reefs’ That Can Take the Heat
If protected, researchers say these coral strongholds may help repopulate more degraded reefs across the Central Pacific.
MAJURO, Marshall Islands—Perched on the bow of an aluminum landing craft, Anne Cohen gazed a few yards ahead of the vessel toward a yellow robot gliding across the emerald Majuro lagoon.
Go behind the scenes with managing editor Jamie Smith Hopkins and ICN reporters Katie Surma and Kiley Price as they explain what sloth deaths in Florida reveal about the global wildlife trade and risks to public health.
Billions of live animals move through the legal and illegal wildlife trade, a massive industry a former CDC epidemiologist described as “pandemic roulette.”
A new paper suggests that 15 percent of global warming comes from overlooked pollutants.
Record-high global temperatures aren’t driven only by well-known greenhouse gas culprits.
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