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Biofuel groups hopeful on IRS rules for SAF tax credit

08/30/23 6:18 AM By Philip Brasher
KEYWORDS airlines biofuels clean fuels electric vehicles Gevo Inflation Reduction Act renewable fuel tax credits soybean oil Sustainable aviation fuel Treasury Department
The biofuel industry is growing optimistic that a broad range of agricultural feedstocks, including soybean oil, will be eligible for a valuable new tax credit that’s intended to stimulate production of sustainable aviation fuel.
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Philip Brasher
Editor in Chief

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