Industry Coalition Urges Action on SAF Tax Legislation
19/05/2022
In an Earth Day letter to Congress last week, a broad-based coalition consisting of nearly 80 aviation stakeholders voiced their support for the introduction of a blender’s tax credit to help advance the development and adoption of sustainable aviation fuel (SAF). That coalition included airlines and other operators, manufacturers, state agencies, fuel manufacturers and providers, and pilot groups, along with industry trade groups such as NATA, NBAA, GAMA, HAI, and AOPA.
SAF in its unblended or neat form can provide up to 80 percent lifecycle reductions in carbon emissions compared to conventional jet fuel, and it is considered to play a crucial role in aviation's decarbonization ambitions of carbon neutrality by 2050. To reach that milestone, there must be a major increase in the production of SAF from the 4.5 million gallons produced annually to the three billion gallons by 2030 stated in the White House's SAF Grand Challenge and the anticipated 35 billion gallons a year that aviation will require by 2050. [...]
AIN Online
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SAF in its unblended or neat form can provide up to 80 percent lifecycle reductions in carbon emissions compared to conventional jet fuel, and it is considered to play a crucial role in aviation's decarbonization ambitions of carbon neutrality by 2050. To reach that milestone, there must be a major increase in the production of SAF from the 4.5 million gallons produced annually to the three billion gallons by 2030 stated in the White House's SAF Grand Challenge and the anticipated 35 billion gallons a year that aviation will require by 2050. [...]
AIN Online
> Read the article
