Reuters exclusively reported that the Biden administration is expected this week to recognize a soon-to-be-updated methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF).
Energy
Biden poised to deliver win for ethanol makers on SAF credits
15 December 2023, 9:34 am 1 minute
Market Impact
The administration, however, is also expected to announce it will update the GREET methodology by March 1, the sources said. That leaves some uncertainty for corn-based ethanol producers, as the administration is expected to ultimately tighten requirements around SAF feedstocks.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & EnergyEconomy & PolicyGovernment & Public Services
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
