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. …
Farm to Fly Act Introduced in House
The bipartisan Farm to Fly Act was introduced this week in the U.S. House by Congressman Max Miller (R-OH) “to create new, robust markets for American agricultural products and to strengthen domestic energy resources.” The legislation is co-sponsored by Reps. Mike Flood (R-NE), Angie Craig (D-MN), Brad Finstad (R-MN), Nikki Budzinski (D-IL), Ashley Hinson (R-IA), Jasmine Crockett (D-TX) and Randy …
House Biofuels Caucus Introduces GREET Act
House Biofuels Caucus Co-chairs Dusty Johnson (R-SD) Adrian Smith (R-NE), Angie Craig (D-MN), and Mark Pocan (D-WI) this week introduced the Adopt Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation (GREET) Act to direct the Environmental Protection Agency (EPA) to update its greenhouse gas modeling for renewable fuels. The Adopt GREET Act would require the EPA to adopt the …
SAF Stakeholders Urge Administration to Adopt GREET Model
Nearly 70 industry stakeholders for Sustainable Aviation Fuel (SAF) – from ethanol producers and agribusinesses to major airlines – are calling on the Biden Administration to move forward in de-carbonizing aviation by recognizing the U.S. Department of Energy’s Argonne GREET model under Section 40B(e) of the Inflation Reduction Act. In an open letter to Treasury Secretary Janet Yellen, the authors …
Honeywell and Granbio to Produce Sustainable Aviation Fuel
Honeywell and Brazil’s GranBio Technologies are partnering to produce carbon neutral sustainable aviation fuel (SAF) from biomass residues at a planned demonstration plant in the U.S. GranBio’s patented AVAP process converts biomass, including forest and agricultural residues, to pure low-cost, low-carbon-intensity sugars, lignin, and nanocellulose. The cellulosic sugars are converted to both SAF, through Honeywell’s ETJ technology, and biochemicals, through …
ADM and Syngenta Group Partner for New Biofuels Feedstocks
ADM and Syngenta Group have signed a memorandum of understanding (MoU) to collaborate on the development of low carbon, next-generation oilseeds and improved varieties to help meet growing demand for biofuels fueled by sustainable aviation fuel. ADM and Syngenta hope to leverage their existing capabilities to accelerate the research, processing, and commercialization of oilseeds such as Camelina that are typically …
Clean Fuels Conference 2024 Registration Open
Registration is now open for the 2024 Clean Fuels Conference, February 5-8, 2024 in Fort Worth, Texas. The annual Clean Fuels Alliance America event for biodiesel, renewable diesel and sustainable aviation fuel includes a full slate of educational sessions featuring industry experts and plenty of networking opportunities. Attendees include clean fuels producers and marketers, distributors, feedstock providers, fleet managers, Original …
Oilseeds Stakeholders Urge Use of GREET Model for SAF
Clean Fuels Alliance America, the American Soybean Association, the National Oilseed Processors Association, and the U.S. Canola Association this week wrote to a senior energy advisor urging the Biden administration to support the investments made by U.S. companies and farmers who are ramping up production of sustainable aviation fuel (SAF). The trade associations, whose combined memberships represent the entire value …
Ethanol Groups Urge Treasury Secretary To Use GREET Model
The U.S. ethanol industry is continuing to urge the Biden Administration to use the most accurate model for transportation lifecycle assessment for sustainable aviation fuel (SAF). Ethanol organizations including the Renewable Fuels Association, U.S. Grains Council, and Growth Energy sent a letter to Treasury Secretary Janet Yellen encouraging the use of updated scoring in the U.S. Department of Energy’s GREET …