Growth Energy: House Letter to Treasury Demonstrates Importance of GREET Model to SAF Market

WASHINGTON, D.C.—Growth Energy, the nation’s largest biofuels trade association, today welcomed a letter from a bipartisan group of lawmakers in the U.S. House of Representatives urging the U.S. Treasury to adopt the U.S. Department of Energy’s (DOE) Greenhouse Gases, Regulated Emissions, and Energy Use in Technologies (GREET) model as one of its methodologies for calculating tax credits for sustainable aviation fuel (SAF). The letter was led by Representatives Mark Pocan (R-Wisc.), Ashley Hinson (R-Iowa), and Angie Craig (D-Minn.) and signed by 18 other lawmakers. Growth Energy CEO Emily Skor issued the following statement in response: 

“GREET is the best lifecycle analysis model to fully and accurately capture the full carbon emissions benefits of American-made, farm-based feedstocks for SAF. Not adopting this model would rob many American farmers and their communities of the chance to participate in this new clean energy market as it takes off. SAF represents an enormous opportunity to significantly lower carbon emissions in the aviation sector while simultaneously growing the rural economy. We thank Reps. Pocan, Hinson, Craig and all the other signatories in the House for sending this letter, and for doing their part to make sure Treasury gets this right.”