Articles Tagged with ''GREET model''

Agriculture Secretary Tom Vilsack said Friday the Biden administration would need several more weeks to finalize its carbon assessment of feedstocks for sustainable aviation fuel, but he continued to express confidence that most of the product would ultimately come from agricultural sources.

Lawmakers have until Friday to pass the first of their fiscal 2024 spending bills, including the measure needed to fund USDA, or they’ll have to pass another stopgap spending measure to avert a partial shutdown of the government.  The Biden administration also is scheduled to announce a critical update of the GREET model that’s used to measure the carbon intensity of biofuels.

In this opinion piece, Harold Wolle, president of the National Corn Growers Association, urges President Biden to consider the value of farmers to combat climate change with the aviation sector and explains why GREET, as originally designed, is the best model for determining GHG reductions from biofuels.

Ag Secretary Tom Vilsack told ethanol industry advocates he is confident that E15 (gasoline blended with 15% ethanol) will be available in all 50 states by 2025 and will be able to qualify for sustainable aviation fuel and clean fuel tax incentives. 

The Treasury Department on Friday released guidance on a new tax credit for sustainable aviation fuel that will allow agricultural commodities to qualify as SAF feedstocks under an updated version of the Energy Department’s relatively ag-friendly model for calculating the carbon intensity of biofuels, administration officials say.