New 40B SAF Tax Credit Guidance Addresses Use Of Updated 40BSAF-GREET 2024 Model

The U.S. Treasury Department and Internal Revenue Service on Oct. 18 issued additional guidance for the 40B sustainable aviation fuel (SAF) tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October. 

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