The CEO of the Renewable Fuels Association says the U.S. Treasury Department still hasn’t issued additional guidance on federal tax credits from the Inflation Reduction Act.
Geoff Cooper tells Brownfield he’s expecting an announcement anytime.
“By the end of the year, we should see something definitive from the U.S. Department of Treasury.”
Cooper says if the department allows the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model to be used to measure the carbon footprint of Sustainable Aviation Fuels, it would benefit the U.S.