Articles Tagged with ''sustainable aviation fuel''

Federal agencies appear to be divided over which carbon intensity model should be used for an Inflation Reduction Act tax credit meant to grow the fledgling sustainable aviation fuel industry, according to biofuel policy experts.

It could take years for sustainable aviation fuels to take off despite significant, but temporary, new tax credits included in a newly enacted package of financial incentives intended to jump-start progress on the Biden administration’s climate goals.

Biofuel industry groups are welcoming passage of the Inflation Reduction Act, the historic package of nearly $370 billion in climate-related funding.

The Democratic-controlled Senate on Sunday passed an historic package of financial incentives for cutting U.S. greenhouse gas emissions, including a dramatic increase in farm bill conservation programs aimed at spurring farmers to adopt climate-related farming practices.

The climate funding package that Senate Democrats have agreed on should make it easier to pass the next farm bill while helping consumers and producers deal with climate change, says a Democrat on the Senate Agriculture Committee, Tina Smith of Minnesota.

Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., brought new hope to the renewable fuel industry last week by resurrecting scrapped measures from last year’s Build Back Better Act into a scaled-back version of the bill.

Senate Democrats don’t have a vote to spare this week as they try to pass their historic climate package, including more than $20 billion aimed at helping farmers adopt practices that reduce greenhouse emissions.

The Environmental Protection Agency is proposing to allow canola oil to be used as a feedstock for renewable diesel and sustainable aviation fuel, potentially providing a new alternative to soybeans at a time when vegetable oil prices are skyrocketing worldwide.

A familiar voice in farm policy is reflecting changes in its industry as the 30-year-old National Biodiesel Board plans to change its name – and shift its focus – to place more emphasis on a broader effort to use liquid transportation fuels in carbon reduction efforts.

This is the third part of a four-part series examining the promise of cover crops, the potential for them to meet the nation’s environmental goals that rest on their success, and the possible pitfalls facing policymakers.