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Biofuels industry reacts to new rules for sustainable aviation fuel tax credit

Industry leaders celebrate recognition of sustainable ag practices in new greenhouse gas reduction model.

United statesNorth dakotaMonte shawKurt kovarikTom buisBrian jenningsJosh gackleEmily skorGeoff cooperAmerican carbon allianceAmerican coalition for ethanolIowa renewable fuels associationAmerican soybean associationArgonne national laboratoryTreasury departmentGrowth energy

Biden administration unveils updated SAF tax credit model, provides ethanol clarity

New model gives ethanol pathway to tax credits Requires climate smart ag adoption Sets the stage for 45Z credits The Biden administration released updated modeling for sustainable aviation fuel subsid

Department of energyDistrict of columbiaUnited statesWhite houseGeoff cooperTom vilsackMichael mcadamsJohn podestaBrian jenningsRegional conservation partnership programUs department of energyAmerican coalition for ethanolBiden administrationBiofuels associationUs department of the treasuryUs department of agriculture

Iowa farmers conservation practices to be a factor in renewable aviation fuel tax credits

Iowa farmers conservation practices to be a factor in renewable aviation fuel tax credits
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United statesJoni ernstMonte shawSean mcmahonGeoff cooperJoe bidenTom vilsackChuck grassleyIowa agriculture water allianceSummit carbon solutionsIowa renewable fuels associationRenewable fuels associationWolf carbon solutionsSecretary tom vilsackCarbon solutionsNorth dakota

Ethanol Industry Reacts to SAF Guidance

Ethanol Industry Reacts to SAF Guidance
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United statesGeoff cooperBrian jenningsAmerican coalition for ethanolRegional conservation partnership programRenewable fuels associationFuels association president

US Treasury updates SAF tax credit guidelines | Latest Market News

The US Treasury Department released long-awaited guidance on tax credit eligibility for ethanol-derived sustainable aviation fuel (SAF) Tuesday, incorporating so-called climate-smart agricultural (CSA) practices.

Kailee bullerPayne williamsGeoff cooperInteragency working groupUs treasury departmentRenewable fuels associationUs department of agricultureNational oilseed processors associationClimate smart agriculture pilot programWorking groupRegulated emissionsSmart agriculture pilot programInflation reduction actFuels associationMatthew cope