Farm practices will open the door to SAF tax credits, for some
Sustainable aviation fuels will qualify automatically for tax credits of up to $1.25 a gallon if they are derived from corn and soybeans grown under a specific set of carbon-reducing practices, said the Biden administration on Tuesday. Farm groups and biofuel producers grumbled at the restrictions — a fraction of U.S. biofuels would be eligible at present — and said they would seek better terms in the long-term regulations now under consideration.