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Battle brews over climate law credits for aviation biofuels
The Inflation Reduction Act is setting up a fight over the climate footprint of biofuels for aviation, with significant implications for the nation’s emissions trajectory, the U.S. transportation sector and rural communities. In coming weeks, the Treasury Department will unveil a new sustainable aviation fuel (SAF) tax credit called for in the climate law last summer. It will give up to $1.75 to producers for each gallon of sustainable fuel, based on the amount of carbon reductions in the… (www.eenews.net) More...
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Wow and here we go again just like electric cars give away taxpayer money to support something instead of making it pay its own way. Just like cap and trade bs give the big guys breaks. Let the taxpayers take the hit one way or another.
