The departments have said that the update to the 40B SAF GREET (Greenhouse gases, regulated emissions, and energy use in transportation) model is to correct a calculation error in how catalyst inputs were calculated for the alcohol-to-jet (AtJ) production pathway.
The calculation error in the previous model resulted in “inaccurate estimates of the emissions associated with the catalyst input,” according to the Internal Revenue Service document released with the update. The updated model should be used for SAF that is sold or used after October 18.
The 40B tax credit, which extends the blender’s tax credit to SAF, expires at the end of 2024.
…
10.28.2024
US crude, kosher crude glycerin prices to increase amid uncertainty on biodiesel tax credit: sources
Crude glycerin supply is highly correlated with biodiesel production; it is a co-product of the biodiesel production process, and it remains uncertain how many US biodiesel producers will be...
10.28.2024
US CWG prices dip slightly amid increasing hog slaughter rates
The US animal fats markets experienced a quiet start on Monday October 28, with little change reported aside from a slight dip in choice white grease prices on an...
10.28.2024
US cattle slaughter forecast up w-o-w, down 2% y-o-y
Trading in the US animal proteins market was quiet on Monday October 28, with no price changes reported.
Fastmarkets’ research team forecasts cattle slaughter at 625,000 head for...