The Biden administration should set fair and reasonable criteria around farming practices for farmers and refineries seeking tax credits for sustainable aviation fuels. Those are comments from the National Corn Growers Association submitted to the USDA.

“Ethanol has played a critical role in reducing greenhouse gas emissions in cars and trucks and can do the same for the airline industry,” said NCGA President Harold Wolle after the comments were filed. “But we need a level playing field that allows farmers to meet emissions requirements using environmentally smart practices that will work on their farms.”

The issue stems from tax credits allocated under the Inflation Reduction Act for sustainable aviation fuels that would allow farmers to participate in this emerging market. “Imposing a one-size-fits-all standard for attaining the tax credit will make it hard for farmers to contribute to the president’s grand challenge,” he added. “We can help meet those climate goals.”



Source link

By admin

Malcare WordPress Security