Port of Seattle supports Washington’s new SAF incentives

In Washington, the Port of Seattle said it supports the decision by Washington state Governor Jay Inslee to approve new legislation sponsored by State Senator Andy Billig to create policy and per-gallon price incentives for the production and use of sustainable aviation fuel in Washington. The Port of Seattle said it advocated for the new law as part of its multi-year push to accelerate the deployment of locally produced SAF at Seattle-Tacoma International Airport. “The Port of Seattle’s goal to use a 10% blend of SAF requires that the supply come from local sources,” said Port of Seattle Commissioner Hamdi Mohamed. “Not only does locally produced fuel reduce carbon emissions related to distributing fuel, it also drives economic development in Washington state and reduces carbon and ultra-fine particulate emissions.” The new law creates a per-gallon incentive for SAF with lifecycle greenhouse gas emissions that are at least 50% lower than traditional jet fuel. The incentive increases for each one percent reduction in lifecycle greenhouse gas beyond 50%, up to a potential incentive of $2 per gallon. The per-gallon incentive can be claimed as a tax credit by fuel producers or consumers like airlines, but only once on any gallon.

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