Model for Jet Fuel Tax Credit is Delayed, Official Says

Mar 05, 2024

By Jael Holzman

The White House is delaying the long-expected release of a key model for companies to qualify for the IRA’s sustainable aviation fuel tax credit.

Why it matters: From aviation to agriculture, many companies are eagerly awaiting this model, which measures jet fuel’s lifecycle carbon emissions.

Driving the news: The Biden administration won’t meet the March 1 deadline it previously set for releasing an updated version of GREET, per a White House official familiar with the situation.

The GREET model is a greenhouse gas measurement tool previously used for federal ethanol mandates.
The updated version is supposed to incorporate climate activists’ concerns that more SAF would mean much more land use, which can potentially have deleterious climate impacts.

Expect the update in “weeks, not months,” said the official, who requested anonymity to candidly discuss the situation.

“We just haven’t finished dotting every ‘i’ and crossing every ‘t’ … We know that this is eagerly anticipated.”

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Video: Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

After being unavailable in 2024 due to registration issues, dicamba products are returning for Georgia farmers this growing season — but under strict new conditions.

In this report from Tifton, Extension Weed Specialist Stanley Culpepper explains the updated EPA ruling, including new application limits, mandatory training requirements, and the need for a restricted use pesticide license. Among the key changes: a cap of two ½-pound applications per year and the required use of an approved volatility reduction agent with every application.

For Georgia cotton producers, the ruling is significant. According to Taylor Sills with the Georgia Cotton Commission, the vast majority of cotton planted in the state carries the dicamba-tolerant trait — meaning farmers had been paying for technology they couldn’t use.

While environmental groups have expressed concerns over spray drift, Georgia growers have reduced off-target pesticide movement by more than 91% over the past decade. Still, this two-year registration period will come with increased scrutiny, making stewardship and compliance more important than ever.