Industry groups seek DOE role for low-carbon jet fuel tax credits

Biofuels and agriculture industry groups are pressing the leaders of Hill tax-writing committees give the Energy Department (DOE) a key role in implementing a potential tax credit for sustainable aviation fuel (SAF), to ensure use of “accurate” lifecycle carbon assessment (LCA) methods that do not inappropriately penalize certain fuels. “Without a sound LCA as its basis, a SAF tax credit will be significantly less effective in driving investment in new fuels and reducing aviation emissions,” argues an Aug. 6 letter...