US Inflation Reduction Act impacts Scope 3 emissions in agriculture

Carbon Intensity (CI) is a carbon footprint score assigned to a bushel of grain. The score is linked to the unit of production with lower carbon emissions resulting in a lower score. A CI score of 0 means that bushel is carbon neutral. Today, the estimated national average CI score for corn is 29.1g GHG/MJ of ethanol energy.

With the signing of the Inflation Reduction Act, there is now a direct dollar value assigned to a CI score below 29 in the form of tax credits to biofuel plants who buy the low CI grain, as part of their decarbonization efforts…watch here the video

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