Patiently waiting on GREET model updates

Patiently waiting on GREET model updates

It’s been more than a month since the Biden administration was expected to release its updated Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model and some in the ag industry are patiently waiting for details.

“They want to get this modeling right.”

National Corn Growers Association President Harold Wolle says he’s been told working with the U.S. Department of Treasury is complex.

“Treasury folks are worried about tax fraud, because the GREET model will allow tax incentives to be distributed throughout the supply chain.