The Biden Administration last week announced an effort to lower carbon emissions in aviation, targeting a 20 percent drop in aviation emissions by 2030 and the “potential for a fully zero-carbon aviation sector by 2050.” That would be 3 billion gallons annual use by 2030, and potentially 35 billion gallons per year by 2050. Those are ambitious goals, to say the least. The 2030 target for aviation fuels would be a 15 percent expansion of the 2020 (most recent) total RFS biofuel volume, and 60 percent of the “advanced” biofuel volumes (which is the category aviation fuel would fall under). However, not all of the “sustainable aviation fuel” (SAF) would come from crop feedstocks, accordin...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.