Full Title: Six Reasons to Support a Blender’s Tax Credit for Sustainable Aviation Fuel
Author(s): Alexander Laska
Publisher(s): Third Way
Publication Date: June 1, 2021
Full Text: Download Resource
Description (excerpt):
Aviation is responsible for a growing portion of transportation emissions. As air travel begins to bounce back post-COVID, we need to ensure the industry comes back stronger and cleaner than it was before. According to the International Civil Aviation Organization, one of the most impactful things we can do to reduce aviation emissions is get more sustainable aviation fuel —”drop-in” fuels that can be used in today’s aircraft and which have lower emissions than fossil jet fuel on a lifecycle basis—into the jet fuel supply. But SAF is currently limited in availability and can’t currently compete with the price of fossil jet fuel. We cannot meet our emissions goals and keep U.S. airlines competitive unless we enact policies to scale up SAF and make it cost-competitive with fossil jet fuel.