Restrict clean fuel credits to U.S. feedstocks, farm groups say
Lucrative tax credits of up to $1.25 a gallon should be available only for low-carbon fuels made from U.S.-grown feedstocks, four farm groups told the Biden administration on Wednesday. In a letter, the groups also said the government should broaden its list of climate-smart farming practices that produce lower-carbon “sustainable” crops.
Less corn land is needed than soy to satisfy SAF goal
Soybean plantings would have to increase nearly 50 percent if soybean oil became the only feedstock for sustainable aviation fuel (SAF), said two analysts from UC-Davis. With its higher yields per acre, corn ethanol as the sole feedstock would result in an increase in area of around 9 percent.
World’s first ethanol-to-SAF facility opens
Sustainable fuels producer LanzaJet officially opened the first ethanol-to-sustainable aviation fuel (SAF) refinery in the world in southeastern Georgia on Wednesday. The Freedom Pines Fuels plant, which will be able to produce 10 million gallons of SAF and renewable diesel annually, has buyers lined up for its fuel for the next 10 years, said an aviation news site.
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.