
SOURCE: Business Wire
April 11, 2024
BY Farmers Edge
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Colorado Gov. Jared Polis on June 3 signed HB 26-1289, a legislative tax package that creates a new tax credit to encourage the purchase of SAF. The bill also repeals an existing tax credit that supports construction of SAF facilities.
The International Air Transport Association highlighted Brazil’s opportunity to become a sustainable aviation fuel (SAF) powerhouse as its 82nd Annual General Meeting gathered in Rio de Janeiro, Brazil.
The USDA maintained its forecast for 2026-’27 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released June 11. The estimate for 2025-’26 corn use in ethanol was revised down.
Earlier this year, the MIT Energy Initiative (MITEI) launched a major study to examine the sustainable fuel options for aviation, international shipping, long-haul trucking, and freight rail. The two-year study will be complete in 2028.
U.S. Agriculture Secretary Brooke Rollins on June 4 confirmed that release of the USDA’s feedstock guidelines to inform 45Z clean fuel production credit implementation “is imminent” with release scheduled for “this summer.”