Building new markets a marathon, not a sprint

Building new markets a marathon, not a sprint

University of Illinois Ag Economics Professor Scott Irwin says building the Sustainable Aviation Fuel market for biofuels is a marathon, not a sprint.

“It is a large, potential market in the long run, but don’t get caught up in the hype in the short run.”

Irwin tells Brownfield the tax credits included in the Inflation Reduction Act that incentivize using biofuels for SAF is a first step that’s generated lots of interest, but it doesn’t mean a lot of ethanol is going to be used immediately.

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