“I don’t think there’s anything that I’ve ever done in my life that will be more transformative to ag than this,” says Bruce Rastetter, CEO of Summit Agricultural Group, shown here speaking at the 2022 FEW. / PHOTO: BBI
September 11, 2023
BY Katie Schroeder
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Leaders of the U.S. ethanol industry are seeking to intervene in a legal challenge of the ReFuelEU Aviation Regulation, which effectively bans the use of renewable, crop-based biofuels like corn ethanol as a feedstock for SAF.
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 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.