“We think our advocacy is best used right now at the state level and trying to see the extension of the SAF tax credits that we’ve seen in places like Minnesota and Illinois extended into other Midwestern states as quickly as possible,” DeLuca said. “Those are tax credits that are flexible and they’re pretty high value. They have a lot of economic development for the states. And it allows us to take this really global conversation and really connect it very locally to the ecosystem.”
WAITING ON GREET
Like the biofuels industry, airlines are waiting on the Biden administration to complete the details of changes to the Argonne Greenhouse Gases, Regulated Emissions, and Energy Use in Technologies (GREET) model to allow for clean fuel tax credits for sustainable aviation fuel. The GREET model adjustments are going to be key for determining feedstocks. The GREET update was supposed to be done March 1, but the administration delayed the release.
“We’ve heard the same messages,” DeLuca said about the GREET update. “It’s coming pretty soon, and it’s going to be good news.”
Beyond domestic policy, Obitts warned the U.S. and Europe also are going to increasingly clash over SAF because the EU wants to prohibit using plant-based sugar or corn to produce jet fuels.
CARBON SEQUESTRATION
Carbon capture and sequestration is the biggest lever to pull when it comes to scoring…
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