Coalition calls on Congress to pass SAF blenders tax credits

May 3, 2022 |

In Washington, sustainable aviation fuel (SAF) is a proven and essential component of the aviation industry’s drive toward decarbonization, and federal tax policies such as a dedicated blender’s tax credit are necessary to spur investment in commercial-scale production of this vital next-generation fuel, a large group of stakeholders said in a recent letter to Congress.

In an April 22 letter, a broad coalition of close to 80 aviation stakeholders — from general aviation, airlines and cargo operators, clean-fuel producers, engine and aircraft manufacturers, airports, trade associations and think tanks — reached out to congressional leadership to redouble support for the tax credit and underscore the urgent need for legislation to catalyze the production of SAF.

“The SAF-specific blender’s tax credit of $1.50 to $2.00 per gallon that was introduced in the Sustainable Skies Act (H.R. 3440/S. 2263) would promote and accelerate investment in the nascent domestic SAF industry while upholding rigorous environmental standards and ensuring that fuels that achieve the greatest reduction in emissions are eligible for the greatest tax incentive,” the coalition explained.

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Category: Policy

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