Reported about 1 year ago
Biofuel groups are envisioning a future where passenger jets could be fueled by corn-based ethanol grown on vast Midwest acres, aiming to create a new market for ethanol. However, the plan faces challenges due to the reliance on federal tax credits triggered by carbon dioxide capture at refineries and the opposition to pipeline construction from landowners, environmental groups, and property rights advocates. Approval of pipelines has been difficult, with companies facing opposition and delays, and key decisions pending in states like Iowa. The renewable fuels industry sees the sustainable aviation fuel market as essential for rural prosperity, but meeting the stringent carbon reduction requirements remains a hurdle. The industry is banking on carbon capture pipelines to secure tax credits and make sustainable aviation fuel competitive with traditional jet fuel in the future.
Source: YAHOO