By year's end, the Biden administration is likely to release a directive on regulatory subsidies for 'sustainable aviation fuel' (SAF) sourced from corn, which could inflate food costs and inadvertently promote habitat-unfriendly agricultural practices.

This proposed rule change anticipates granting tax credit access to SAFs procured from corn-based ethanol, contingent upon approval under the Inflation Reduction Act, as disclosed to Reuters.

In the event of implementing this change, corn-based ethanol is projected to significantly contribute towards the administration's ambition to meet all demand through SAFs by 2050 aimed at counterbalancing global warming.

Nonetheless, a variety of environmental and economic concealed costs might accompany this transition to a corn-based aviation fuel, triggering potential challenges that might outweigh its benefits, industry analysts theorize.

Relying on corn-sourced ethanol aviation fuel might not severely impact global warming, yet it could potentially boost the renewable fuel industry and indirectly spike corn prices, postulates Professor C. Ford Runge, Distinguished McKnight University Professor of Applied Economics and Law at the University of Minnesota.

By year's end, the Biden administration is likely to release a directive on regulatory subsidies for 'sustainable aviation fuel' (SAF) sourced from corn, which could inflate food costs and inadvertently promote habitat-unfriendly agricultural practices.
This proposed rule change anticipates granting tax credit access to SAFs procured from corn-based ethanol, contingent upon approval under the Inflation Reduction Act, as disclosed to Reuters.
In the event of implementing this change, corn-based ethanol is projected to significantly contribute towards the administration's ambition to meet all demand through SAFs by 2050 aimed at counterbalancing global warming.
Nonetheless, a variety of environmental and economic concealed costs might accompany this transition to a corn-based aviation fuel, triggering potential challenges that might outweigh its benefits, industry analysts theorize.
Relying on corn-sourced ethanol aviation fuel might not severely impact global warming, yet it could potentially boost the renewable fuel industry and indirectly spike corn prices, postulates Professor C. Ford Runge, Distinguished McKnight University Professor of Applied Economics and Law at the University of Minnesota.

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