US Agriculture Secretary Tom Vilsack is confident that the Treasury Department will release guidance by the end of 2023 to facilitate subsidies for sustainable aviation fuel (SAF) made from corn-based ethanol.
The guidance is part of the Inflation Reduction Act, requiring SAF producers to demonstrate a significant reduction in greenhouse gas emissions compared to petroleum fuel to qualify for tax credits. Reuters 12/03/23) Biden administration to release aviation fuel subsidy guidance by year's end-Agriculture Secretary | Reuters
Regionally: Bayou Fuels in Natchez, Mississippi, is the first in a series of planned biorefineries across the Southeast. DG Fuels wants to build a state-of-the-art clean, renewable fuel facility that will bring well-paying jobs to St. James Parish, La.
No comments:
Post a Comment