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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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Big dollars for farmers at stake in rules for new biofuel tax credit

Rules the Treasury Department is writing for a new biofuels tax credit could determine whether farmers can earn significant new income from the conservation practices and whether ethanol can qualify as a feedstock for sustainable aviation fuel, a potentially massive new market. ....

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