SECTIONS

HomeArticlesPodcastsJobs

SAF leaders urge Treasury to adopt GREET model for SAF tax credit

Article image

By Renewable Fuels Association

November 28, 2023

BusinessPolicySustainable Aviation Fuels

Seventy industry leaders covering nearly the entire supply chain for SAF, including major airlines, are calling on the Biden Administration to recognize the GREET model as a “similar methodology” for purposes of the IRA’s SAF tax credit.

Read More

Sen. Jeff Merkley, D-Ore., and five of his colleagues are urging the IRS to ensure that fuels made from petroleum products, specifically plastic feedstocks, are unable to qualify for the IRA’s SAF and clean fuels production tax credits.

Read More

The call for presentation abstracts for the 17th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 4-6, 2024, at the Greater Richmond Convention Center in Richmond, Virginia.

Read More

Clean Fuels Alliance America announces the strategic addition of Cory-Ann Wind, the visionary leader behind Oregon’s groundbreaking Clean Fuel Program. Wind will assume the director of state regulatory affairs role beginning Jan. 8, 2024.

Read More

Nearly 1.95 billion RINs were generated under the RFS in September, up from 1.73 billion generated during the same month of 2022, according to data released by the U.S. EPA. Total RIN generation for the first nine months of 2023 was at 17.41 billion.

Read More

Sens. John Thune, R-S.D., and Amy Klobuchar, D-Minn., on Oct. 17 reintroduced the Adopt GREET Act, which aims to require the U.S. EPA to update its greenhouse gas (GHG) modeling for all renewable fuels under the Renewable Fuel Standard.

Read More

The Council of the European Union on Oct. 9 adopted regulations for the ReFuelEU initiative. The new law aims to boost both the demand for and supply of sustainable aviation fuel (SAF) within the European Union.

Read More

The Federal Aviation Administration on Sept. 25 launched a new competitive grant program that, in part, can support projects to add sustainable aviation fuel (SAF) production capacity to existing renewable diesel and ethanol plants.

Read More

The U.S. DOE has released a RFI to better understand the challenges facing critical elements within SAF supply chains. The agency is specifically seeking input from industry, academia, research laboratories, government agencies, and stakeholders.

Read More

The U.S. EPA on Aug. 21 released data indicating nearly 2.04 billion RINs were generated under the RFS in August, up from 1.84 billion generated in August 2022. Total RIN generation for the first eight months of the year reached nearly 15.45 billion.

Read More

Neste and SQUAKE have announced a strategic partnership that enables businesses to purchase Neste MY Sustainable Aviation Fuel through flight booking systems using SQUAKE's technology. Goodwings has already implemented the technology.

Read More

WestJet Group CEO Alexis von Hoensbroech, on Sept. 19 at the World Petroleum Congress in Calgary, addressed the airline's ambitions to achieve net-zero emissions by 2050 and the vital role SAF plays in the future of decarbonizing aviation.

Read More

Clean Fuels Alliance America, American Soybean Association, National Oilseed Processors Association the U.S. Canola Association are urging the Biden administration to adopt GREET for the purposes measuring GHG reductions for the SAF tax credit.

Read More

President Joe Biden on Sept. 9 joined leaders of India, Argentina, Brazil, Italy, Mauritius and the United Arab Emirates to launch the Global Biofuels Alliance. The launch took place on the sidelines of the G20 Summit in New Delhi.

Read More

The RFA, Growth Energy and the USGC on Sept. 14 sent a letter to U.S. Treasury Secretary Janet Yellen advocating for the adoption of GREET to measure GHG reductions for the purposes of SAF tax credit created by the Inflation Reduction Act.

Read More

The U.S. Department of Energy's Bioenergy Technologies Office awarded $18.6 million in funding to eight university and industry projects to develop biomass feedstocks to produce affordable biofuels and bioproducts that reduce GHG emissions.

Read More

Members of the European Parliament (MEPs) on Sept. 13 approved a new law that ramps up requirements for sustainable aviation fuel (SAF) within the European Union but sets limits on what types of feedstocks that fuel can be made from.

Read More

Agricultural Secretary Tom Vilsack on Sept. 12 called on ethanol producers to seize the opportunity offered by the emerging SAF market and stressed that climate-smart ag and carbon capture technologies must play a role in ethanol-to-SAF production.

Read More

NCGA President Tom Hagg and the leaders of 16 state corn grower groups on Sept. 7 sent a letter to Treasury Secretary Janet Yellen urging the adoption of the U.S. DOE’s GREET model to measure GHG reductions for the purposes of the SAF tax credit.

Read More

Gevo Inc. has finalized and executed a notice of grant and agreement award with the USDA for a Partnerships for Climate-Smart Commodities grant of up to $30 million for Gevo's Climate-Smart Farm-to-Flight Program.

Read More

The U.K. government on Sept. 4 announced plans to introduce a revenue certainty mechanism to support domestic SAF production. The initiative aims to bolster the development of SAF and drive further investment in SAF projects.

Read More

The Canadian government on Aug. 30 announced it is investing up to $5.3 million in an initiative that aims to support the development of biomass supply chains and cutting-edge technologies to produce biomass and value-added agricultural products.

Read More

The U.S. DOE's Bioenergy Technologies Office and the U.S. National Science Foundation have funded three new projects that aim to help accelerate innovation and develop new biomanufacturing approaches.

Read More

Through the GREATER MSP Partnership, Bank of America, Delta Air Lines, Ecolab and Xcel Energy have established the Minnesota SAF Hub – the first large-scale SAF Hub in the U.S. committed to scaling SAF production.

Read More

Minnesota Department of Agriculture Commissioner Thom Petersen is encouraging the federal government to allow the U.S. DOE's GREET model to be used to calculate GHG reductions for the purposes of the SAF tax credit.

Read More

The American Carbon Alliance on Aug. 23 sent a letter to Internal Revenue Service Commissioner Danny Werfel urging the U.S. Treasury Department to adopt the U.S. Department of Energy's GREET model to calculate the GHG emissions impacts of SAF.

Read More

Reps. Jasmine Crockett, D-Texas, and Max Miller, R-Ohio, on Aug. 18 introduced the Farm to Fuselage Act, legislation that aims to update the Farm Bill to facilitate increased domestic production of sustainable aviation fuel (SAF).

Read More

More than 1.98 billion RINs were generated under the RFS in July, up from 1.71 billion generated during the same month of last year. Total RIN generation for the first seven months of 2023 reached 13.4 billion.

Read More

The Surface Transportation Board is soliciting nominations to fill six vacancies on its Rail Energy Transportation Advisory Committee. One of those vacancies is to be filled by a biofuel producer or feedstock provider.

Read More

The U.S. EPA on Nov. 16 released updated SRE data, reporting that no new SRE petitions have been filed under the RFS during the past month. Three SRE petitions remain pending, including two for compliance year 2018 and one for compliance year 2022.

Read More

< Previous PageNext Page >

Advertisement

Sign up for our e-newsletter!
BBI International Logo

@ Copyright 2024 - BBI International - All rights reserved.