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Shining Light on Farm & Food Policy for 20 Years.
Sunday, June 30, 2024
The Treasury Department released long-awaited guidance for a new tax credit for sustainable aviation fuel. Ethanol-derived SAF would be eligible as long as the corn is produced with three climate-smart farming practices.
Pending Treasury Department rules for a new biofuels tax credit could determine whether farmers can earn significant new income from conservation practices and whether ethanol can qualify as a feedstock for sustainable aviation fuel, a potentially massive new market.
