40B SAF GREET Model & Carbon Intensity Q & A | May 7, 2024 l CI Chit Chat Episode 24
The 24th episode of CI Chit Chat was a special 60-minute episode where Continuum Ag's CEO, Mitchell Hora, answers questions about Carbon Intensity (CI) Scores, CI Certification and the 40B SAF GREET Model Updates. Mitchell also shares details about the 40B and 45Z Tax Credits.
For more details of what you can find in this episode, check out the Table of Contents below.
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TABLE OF CONTENTS
0:00 Introduction
1:15 What is Carbon Intensity?
4:20 GREET Model Updates Recap
6:46 40B Tax Credit Math Explained
18:46 Differences in Fuel Markets
22:10 Definitions of Climate-Smart Ag Practices
25:10 Can you market your low CI grain sperate from where it physically goes?
27:43 When will we know more specifics on fertilizers with 45Z?
29:10 Who owns the CI data?
30:11 Is planting cover crops worth it for getting a CI Score?
32:07 When will farmers actually get paid for the 45Z tax credit?
33:46 How do you find our if you are eligible for the 45Z tax credit?
35:18 If you have fields with different CI Scores, will you have to store them separately?
37:38 What ethanol plants have committed to partnering with the 45Z tax credit?
40:18 Are any biofuel companies participating in the 40B tax credit currently?
40:42 How do you know if you qualify as a climate smart farmer?
42:50 Low Carbon Pathways
45:35 When should you start the verification process of your CI?
47:05 Information on Storing your Grain
48:38 When will we hear updates on the 45Z tax credit?
49:26 ISCC (European low carbon market)
51:30 Where can I find the 40B rules?
52:15 Is there any insight on the correction on manure in the new GREET updates?
53:38 Any info on bailing your cornstalk?
54:18 Can you be in multiple low carbon programs?
57:03 Where can you market your low CI grain?
58:00 Do you have to qualify for 40B before you qualify for 45Z?
58:38 Manure and Synthesizers
1:00:18 Is this on a whole farm basis or a field by field basis?
1:01:53 Are there more climate smart practices than what the rules listed for 40B?
1:02:36 Continuum Ag's Annual Event The TopSoil Summit
1:03:36 Tracking of your grain
1:05:12 Utilizing manure to lower your CI Score
1:06:11 CI Certification
1:07:07 Third party verifiers
1:08:06 What will be the impact on elevators?
1:08:36 Can you be involved in other carbon credit programs for grain not going into biofuels?
1:09:19 Stacking of carbon credit programs
1:12:12 Importing feedstocks
1:14:35 Conclusion
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