With the deadline to update the GREET model looming on March 1, the Renewable Fuels Association is offering recommendations for ensuring that the best available science and data are used in determining eligibility for the sustainable aviation fuel (SAF) tax credit established in the Inflation Reduction Act. RFA sent a letter today to an interagency administration working group containing detailed …
Sustainable Aviation Fuel Would Benefit Midwest
A new study on the economic impact of sustainable aviation fuel production and use finds it would provide great benefits to the Midwest since two of the major feedstock for SAF will likely be corn and soybean oil. The study, conducted by Decision Innovation Solutions (DIS), was released last week at the Iowa Renewable Fuels Summit. In order to reach …
Clean Fuels Alliance America Launches New Podcast
Clean Fuels Alliance America is launching a new podcast covering all aspects of the biodiesel, renewable diesel and sustainable aviation fuel industries. Clean Fuels CEO Donnell Rehagen says the “Better. Cleaner. Now! Podcast” provides a unique opportunity to dive deeper into the clean fuels industry and expertise from Clean Fuels’ program managers. “This project really has been a labor of …
Clean Fuels Ready to Fly Under New SAF Guidance
Clean Fuels Alliance America is pleased with guidance from the U.S. Department of the Treasury and Internal Revenue Service (IRS) for the Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA). The guidance enables companies currently producing SAF under the Renewable Fuel Standard (RFS) to access the base value of the tax incentive while it defers allowing …
Ethanol Report on SAF Guidance
The U.S. Treasury Department has released long-awaited guidance regarding the implementation of the Inflation Reduction Act’s sustainable aviation fuel (SAF) tax credit. The guidance clarifies that a soon-to-be-updated version of the Department of Energy’s GREET model will be among the methodologies used to determine eligibility for the tax credit. The administration has committed to finishing the GREET model updates by …
U.S. Treasury and IRS Release SAF Guidance
The U.S. Department of the Treasury and Internal Revenue Service (IRS) today released guidance on the Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA). The Treasury Department’s guidance provides important clarity around eligibility for the SAF Credit. The credit incentivizes the production of SAF that achieves a lifecycle greenhouse gas emissions reduction of at least 50% …
Treasury Expected to Release SAF Guidance
It is being reported that the Treasury Department may release highly-anticipated guidance on sustainable aviation fuel tax credits, possibly this week. In anticipation of the announcement, Renewable Fuels Association President and CEO Geoff Cooper said this guidance represents a “make-or-break” opportunity for the future of sustainable aviation fuels. “The Treasury guidance will go a long way in determining whether U.S. …
Michigan Advanced Biofuels Coalition Grows
The Michigan Advanced Biofuels Coalition (MiABC) now represents land, air and sea with the addition of three new stakeholders that support sustainable carbon reduction solutions in three different transportation sectors. The new stakeholders are Gevo, Inc., Southwest Detroit Environmental Vision (SDEV) and Waterfront Petroleum Terminal Company. “Interest in advanced biofuels continues to grow in Michigan as communities seek to reduce …
Continuum Ag Launches Billion Bushel Challenge
With an estimated six billion bushels expected to be used for ethanol production next year, Continuum Ag has set their sights on helping the industry SCORE (Carbon Intensity Score) over a billion bushels in 2024 with the Billion Bushel Challenge to help a million farmers improve their profitability via improved soil health. “This is the start of something very big, …
Clean Fuels Conference Preview
One of the first conferences of 2024 will be the Clean Fuels Conference, February 5-8, in Fort Worth, Texas. The event, hosted by Clean Fuels Alliance America, is where the biodiesel, renewable diesel and sustainable aviation fuel industries will meet to learn the latest on the next generation of low-carbon fuel policies, feedstock development opportunities and decarbonization efforts from leading …