WASHINGTON, Sept 10 (Reuters) - U.S. Agriculture
Secretary Tom Vilsack said on Tuesday he is confident that a
clean fuels tax credit program set to take effect in 2025 will
be finalized by end of the Biden administration in January.
The program would provide credits for the production of
lower-emission transportation fuels, including sustainable
aviation fuel (SAF).
"I'm confident that we're going to get 'er done," Vilsack
said at a summit in Washington, D.C., hosted by the biofuels
trade group Growth Energy.
An April guidance for a SAF tax credit disappointed ethanol
producers for requiring corn farmers to bundle a set of
climate-friendly farming practices, meaning little to no ethanol
would qualify.
The USDA is hoping to make more feedstocks and individual
farming practices eligible for the credit and is in conversation
with the energy and transportation departments about how to do
so, Vilsack said.
"We are acutely aware of the calendar. To the level it can
be, it's on a fast-track," Vilsack said.
The Treasury Department will ultimately issue the rule.