Tag: SAF tax

Environmentalists call out dropping ILUC in SAF tax credit extension bill

Environmentalists call out dropping ILUC in SAF tax credit extension bill

June 3, 2025 |

In Washington, the Minneapolis Star-Tribune reports some environmentalists are worried about the bill U.S. Sen. Amy Klobuchar and U.S. Sen. Roger Marshall introduced in April that would protect the tax credit for sustainable aviation fuel (SAF), created by the 2022 Inflation Reduction Act, and extend for another 10 years while prohibiting imported feedstocks from benefiting. […]

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Treasury set to release SAF tax break guidance by week’s end

Treasury set to release SAF tax break guidance by week’s end

December 11, 2023 |

In Washington, Reuters reports the Biden Administration is set to announce its decision regarding corn-based ethanol’s eligibility for Sustainable Aviation Fuel subsidies by the end of this week. The guidance to be released by Treasury follows several months of intensive lobbying to ensure the corn-based ethanol industry isn’t left out of lucrative tax breaks for […]

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