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SHIPS for America Act

Panel weighs legislative effort to reinvigorate U.S. shipbuilding

America is dangerously behind China when it comes to building commercial and military ships, and urgent action is needed to turn the situation around, lawmakers and experts told a panel. A bill proposed in Congress is designed to address the challenge, but some panelists argued that the bill might not do enough, and more proactive measures are needed. The Hill gathered lawmakers and experts for the Dec. 9 panel discussion on the proposed SHIPS for America Act, and to speak

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SHIPS for America Act

Panel weighs legislative effort to reinvigorate U.S. shipbuilding

America is dangerously behind China when it comes to building commercial and military ships, and urgent action is needed to turn the situation around, lawmakers and experts told a panel. A bill proposed in Congress is designed to address the challenge, but some panelists argued that the bill might not do enough, and more proactive measures are needed. The Hill gathered lawmakers and experts for the Dec. 9 panel discussion on the proposed SHIPS for America Act, and to speak

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ENERGY & COMMODITIES NEWS

As oil prices drop, tanker profits rise

Plentiful oil is keeping crude prices stable while driving up demand for oil tankers and profits for tanker operators, according to reports. “Right now, it costs more than $87,000 a day to carry about 2 million barrels from Saudi Arabia...

Brazil’s soaring SAF industry hits turbulence in US

Already on the forefront of developing sustainable aviation fuels (SAF), Brazil’s industry received a big boost recently when a United Nations body certified that Brazil’s SAF production is cleaner than America’s. But recent decisions by the Trump Administration make it...

FOOD & AGRICULTURE NEWS

Brazil’s soaring SAF industry hits turbulence in US

Already on the forefront of developing sustainable aviation fuels (SAF), Brazil’s industry received a big boost recently when a United Nations body certified that Brazil’s SAF production is cleaner than America’s. But recent decisions by the Trump Administration make it...

federal agtech

U.S. AgTech leadership requires federal support, report says

After scientific advances enabled by agricultural technology tripled U.S. farm productivity between 1948 and 2021, the government is reducing investment in AgTech and letting American leadership in the field lag. “U.S. public sector spending in agriculture R&D, the majority of which is allocated from the federal government, has fallen behind other nations, declining by about a third since 2002,” according to a report on agriculture technology (AgTech) released last month. “The European Union now spends 50% more than the U.S.

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federal agtech

U.S. AgTech leadership requires federal support, report says

After scientific advances enabled by agricultural technology tripled U.S. farm productivity between 1948 and 2021, the government is reducing investment in AgTech and letting American leadership in the field lag. “U.S. public sector spending in agriculture R&D, the majority of which is allocated from the federal government, has fallen behind other nations, declining by about a third since 2002,” according to a report on agriculture technology (AgTech) released last month. “The European Union now spends 50% more than the U.S.

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ESG NEWS