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Study confirms sufficient biomass potential to reach SAF goals

ORNL’s John Field provided expertise on sustainable biomass feedstock potential for a new report focused on the role of the bioeconomy in U.S. decarbonization strategies. Credit: Carlos Jones/ORNL, U.S. Dept. of Energy

July 3, 2024

BY Oak Ridge National Laboratory

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Colorado governor signs bill creating new SAF tax credit

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By Erin Krueger

4 hours ago

Sustainable Aviation Fuels Business Markets Policy 

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.

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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.

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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.

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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.

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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.”

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