Bill would allow GREET Model to be used for SAF tax credits
The CEO of a biofuels group says new, bipartisan legislation that’s been introduced in Congress would level the playing field for sustainable aviation fuel.
Emily Skor with Growth Energy says the bill would use a model that measures the life-cycle impacts of fuels. “The GREET Model, which comes from our Department of Energy and Argonne National Labs, that is the gold standard. We want that model used across the board in any regulatory scheme.”
The Sustainable Aviation Fuel Accuracy Act, introduced by Congressman Mike Flood (R-NE) and Congresswoman Nikki Budzinski (D-IL), would use the Greenhouse gases, Regulated Emissions, and Energy use in Technologies Model to determine the amount of tax credits airlines can receive.
She tells Brownfield SAF is an expensive product for airlines to use and tax credits could help increase consumption. “Making sure the federal government, when it comes to tax incentives around SAF, that it uses the right measuring stick, that accounts for all of the improvements at the ethanol plant and the farm, that’s really critical for us to be eligible so we can get the lowest score as possible, and then we can get the greatest value for our product.”
SAF can benefit farmers because its feedstock includes soybean oil, beef tallow and others.
Emily Skor, CEO Growth Energy: