New bill would allow sustainable aviation fuel tax credits and benefit farmers
A new bipartisan bill could level the playing field for sustainable aviation fuel.
Growth Energy favors the Sustainable Aviation Fuel Accuracy Act. It would use the GREET model to determine how many tax credits airlines can receive.
GREET stands for Greenhouse Gases, Regulation Emissions, and Energy use in Technologies.
Growth Energy tells Brownfield Ag News that sustainable jet fuel is expensive for airlines and tax credits could help boost consumption.
The fuel benefits farmers by using soybean oil and beef tallow in its feedstock.