The U.S. ethanol industry is pleased with the biofuels investments included in the Inflation Reduction Act of 2022. Renewable Fuels Association Senior Vice President of Government and Public Affairs Troy Bredenkamp says there are several incentives for biodiesel and renewable diesel. “There’s a new provision to give a tax credit to sustainable aviation fuel. We feel very good about the fact that corn-based ethanol could play a huge role down the road in creating more sustainable aviation fuel.”
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