Economy

Biden poised to deliver win for ethanol makers on SAF credits  | Reuters News Agency

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Energy

Reuters exclusively reported that the Biden administration is expected this week to recognize a soon-to-be-updated methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF). 

Market Impact

The administration, however, is also expected to announce it will update the GREET methodology by March 1, the sources said. That leaves some uncertainty for corn-based ethanol producers, as the administration is expected to ultimately tighten requirements around SAF feedstocks. 

Article Tags

Topics of Interest: Energy

Type: Reuters Best

Sectors: Commodities & EnergyEconomy & PolicyGovernment & Public Services

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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