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Biofuels industry applauds sustainable aviation fuel tax credit guidance

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The U.S. Treasury Department will allow the Greenhouse Gases, Regulated Emissions and Energy Use in Technologies (GREET) model to be used for sustainable aviation fuel tax credits included in the Inflation Reduction Act.

“It’s really the global gold standard for determining the emissions of every part of the lifecycle of a transportation fuel, including what happens on the farm.”

Brian Jennings with the American Coalition for Ethanol says U.S. ethanol can now be used to make a more affordable sustainable aviation fuel.

Biofuels industry applauds sustainable aviation fuel tax credit guidance