Treasury charts biofuel flight path to claiming SAF credits
The biofuel industry said it is ready for full-throttle production of low-carbon fuel for airplanes, now that the Biden administration has released guidelines for sustainable aviation fuel (SAF), potentially a 36 billion-gallon-a-year market. The guidelines allow tax credits of up to $1.75 a gallon, expected to be a powerful inducement for production of cleaner-burning fuels.… » Read More
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