A patented process for converting alcohol sourced from renewable or industrial waste gases into jet or diesel fuel is being scaled up at the U.S. Department of Energy’s Pacific Northwest National Laboratory with the help of partners at Oregon State University and the carbon-recycling experts at LanzaTech.

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Climate change is rattling the world’s central bankers. With unprecedented heat and wildfires in the American West and southern Europe, and record floods racing through German towns and Chinese megacities in recent weeks, fears are growing among regulators of a coming cascade of climate-induced economic blows potentially more far-reaching and intractable than the financial crash just over a decade ago.

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