Will SAF market be grounded or cleared for take-off? Tax credit rules could hold answer

Capitol Crude: The US Energy Policy Podcast

A bipartisan group of senators recently wrote the Treasury Department to push for the use of the most accurate and up-to-date lifecycle greenhouse gas emissions analysis as the department fine-tunes the methodology for calculating new tax credits for sustainable aviation fuel.

John Fuher, vice president of government affairs for the ethanol group Growth Energy, joined the podcast to discuss how implementation of the SAF tax credit is faring and challenges that could impede progress towards meeting the ambitious SAF production targets set by the Biden administration, including concerns that outdated modeling could shortchange the effectiveness of SAF incentives. He also touched on the impact new biofuel blending requirements issued by the Environmental Protection Agency and broader geopolitics are having on the outlook for this low-carbon fuel.

Stick around for Starr Spencer with the Market Minute, a look at near-term oil market drivers.

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