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Treasury guidance on SAF tax credits paves future for biofuels producers

Friday, December 15, 2023 • 3 PM

U.S. farmers and ethanol producers will be a key cog in the growth of the sustainable aviation fuel industry for the foreseeable future after the U.S. Department of Treasury announced Friday it will use a modified version of a popular greenhouse gas (GHG) emissions model to determine how it allocates tax credits in the Inflation Reduction Act.

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