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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 25, 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.
The Biden administration has taken a major step toward allowing ag commodities to qualify for a new tax subsidy for sustainable aviation fuel, but there are still key details to be worked out that affect the eligibility of oilseeds and corn ethanol as SAF feedstocks.
