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Secretary Naig comments on updated GREET model for Sustainable Aviation Fuel credit
Following yesterday’s release of guidance by the U.S. Department of Treasury and Internal Revenue Service on the 40B Sustainable Aviation Fuel (SAF) Credit, which incorporates an updated version of the GREET (Greenhouse gases, Regulated Emissions, Energy use in Technologies) model to measure the lifecycle emissions from SAF, Iowa Secretary of Agriculture Mike Naig provided the following comment: “As the top producing state of lower cost and cleaner burning biofuels, sustainable aviation fuel...