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Current US SAF tax credits do not incentivize production, says Aemetis CEO

Current US SAF tax credits do not incentivize production, says Aemetis CEO
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Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects

CUPERTINO, CA, April 09, 2024 (GLOBE NEWSWIRE) via NewMediaWire Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced that it received an allocation of $10.5 million of Inflation Reduction Act (IRA) tax credits by the U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) under the first phase of IRA Section 48C awards. The Aemetis Five Year Plan projects that Aemetis will rec ....

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