Treasury’s GHG Guide For SAF Provides Limited Boost For Ethanol

The Treasury Department’s long-awaited guidance on how biofuel producers can qualify for a fuel blending tax credit for sustainable aviation fuel (SAF) provides a limited boost for ethanol producers hoping to access a market that is key to the Biden administration’s plans to decarbonize aviation, though the guide still leaves questions open on ethanol’s GHG profile. In the guidance published April 30, Treasury outlines how producers of ethanol and other biofuels can qualify for the “40B” blending credit, established in...