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Biden administration releases first rules for SAF tax subsidy | Agri-Pulse Communications, Inc.

The Treasury Department released long-awaited guidance for a new tax credit for sustainable aviation fuel. Ethanol-derived SAF would be eligible as long as the corn is produced with three climate-smart farming practices. ....

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Uncertainty on SAF tax subsidy remains as agencies update carbon calculations

The Biden administration has taken a major step toward allowing ag commodities to qualify for a new tax subsidy for sustainable aviation fuel, but there are still key details to be worked out that affect the eligibility of oilseeds and corn ethanol as SAF feedstocks. ....

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