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Clean Fuels, ag groups urge adoption of GREET for SAF tax credit

September 20, 2023

BY Erin Voegele

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Biofuel groups urge Treasury to issue guidance on 45Z tax credit

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By Erin Voegele

20 hours ago

Sustainable Aviation FuelsPolicy

A group of 25 trade organizations on May 15 sent a letter to Treasury Secretary Janet Yellen urging the agency to release guidance for the 45Z clean fuels production tax credit along with any necessary updated GREET models.

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Aemetis Inc. released Q1 results on May 9, reporting increased revenues. Company officials confirmed the company’s biodiesel, RNG and ethanol segments performed well during the quarter and provided an update of proposed SAF and CCS projects.

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On its path to opening a facility designed to turn agriculture residue into a scalable biofuel business, SAFFiRE Renewables LLC plans to break ground on its pilot plant near Liberal, Kansas, in late 2024.

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LanzaTech Global Inc. on May 9 announced that that LanzaJet’s 10 MMgy ethanol-to-sustainable aviation fuel (SAF) plant in Soperton, Georgia, in on track to begin producing fuel during the second quarter.

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The U.S. EPA, USDA and U.S. Food and Drug Administration on May 8 released a plan developed by the agencies to update, streamline and clarify their regulations and oversight mechanisms for products of biotechnology.

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