Nebraska’s Governor recently signed a bill to establish the first major sustainable aviation fuel production tax credit in the Midwest.
Reid Wagner, executive director of the Nebraska Ethanol Board, says, “The tax credit, as a base credit, offers $.75 per gallon once you achieve a 50% carbon intensity reduction under the Argonne National Labs GREET model.”
Wagner says ethanol and oils from corn and soybean processing serve as low-carbon, low-cost feedstocks for the production of SAF, which can reduce emissions by more than 50% compared to conventional jet fuel.