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Nebraska Corn Growers Association’s Statement on Treasury’s 40B Guidance on SAF

Nebraska corn farmers are frustrated and unsatisfied by the announcement from the U.S. Department of Treasury (USDOT) limiting corn-based ethanol’s contribution to the decarbonization of the aviation sector, sustainable aviation fuel (SAF), through the 40B tax credits. Today’s update to the Department of Energy’s (DOE) Argonne GREET model stated that corn-based ethanol must be grown with additional on-farm conservation practices to apply for tax credits available in the Inflation Reduction Act.

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