SOURCE: U.S. Department of Energy
February 13, 2024
BY U.S. Department of Energy
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U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thomspon, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.
The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.
The USDA recently released its Grain Crushings and Co-Products Production Report for March, reporting that corn use for fuel ethanol production in February was up when compared to both the previous month and February 2023.
The RFA is a founding member of the SAF Coalition, which launched April 29 as a tool to advocate for the establishment of significant and durable federal policies related to the production, consumption and distribution of SAF.
On April 29, 40 companies and organizations that hold a stake in the development and deployment of sustainable aviation fuel united to announce the formation of the Sustainable Aviation Fuel (SAF) Coalition.