Biden sought to kickstart SAF production with a $1.25 per gallon production tax credit in the IRA. To be eligible for the credit, SAF producers must demonstrate their fuel is 50% lower in emissions than conventional jet fuel. The DOE spokesperson confirmed that ethanol producers must cut emissions of they want a long-term role in SAF production. Still, ethanol producers need carbon pipelines because many ethanol plants are not near geologically appropriate underground storage sites. Other options for reducing ethanol's carbon intensity include using renewable energy at ethanol plants, or climate-friendly farming practices for corn.

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Persons: Tom Mihalek, Valero, Joe Biden's, Homer Bhullar, Biden, MARK, Barry Glickman, Nikita Pavlenko, Pavlenko, Leah Douglas, Laura Sanicola, David Gregorio Our Organizations: Eco Energy, REUTERS, Rights, SAF, U.S, Carbon Solutions, Valero Energy, U.S . Department of Energy, DOE, Honeywell, Biofuels, Growth Energy, Navigator, CCS, International Council, Clean Transportation, Thomson Locations: Philadelphia , Pennsylvania, U.S, Omaha, Iowa, Denver, Maine, North Dakota, South Dakota, Wolf's, Illinois