Airport Alert: Bill to Expand Deployment of Sustainable Aviation Fuel Introduced in the House
May 20, 2021
Reps. Brad Schneider (D-IL), Dan Kildee (D-MI) and Julia Brownley (D-CA) today introduced legislation that seeks to reduce carbon emissions in the aviation sector by increasing the production and uptake of sustainable aviation fuel (SAF), while reducing reliance on petroleum-based jet fuel.
The Sustainable Skies Act would create a long-term, performance-based tax credit starting at $1.50 per gallon for blenders that supply SAF. The credit would increase from $1.50 per gallon by one cent for each additional percentage of lifecycle greenhouse gas (GHG) emissions savings demonstrated above 50 percent, further incentivizing the development and deployment of SAF and providing higher emissions reductions. The tax credit would expire at the end of 2031.
A key aspect of President Biden's $2.3 trillion American Jobs Plan is funding infrastructure that focuses on climate solutions as part of a broader goal to get the U.S. on a path to net-zero emissions by 2050. Currently, air travel accounts for as much as 2.5 percent of global carbon emissions, which this legislation aims to cut in half.
The bill is backed by a broad coalition of industry groups, including AAAE, who today sent a letter asking Congress to consider and quickly pass this important legislation.
Reps. Brad Schneider (D-IL), Dan Kildee (D-MI) and Julia Brownley (D-CA) today introduced legislation that seeks to reduce carbon emissions in the aviation sector by increasing the production and uptake of sustainable aviation fuel (SAF), while reducing reliance on petroleum-based jet fuel.
The Sustainable Skies Act would create a long-term, performance-based tax credit starting at $1.50 per gallon for blenders that supply SAF. The credit would increase from $1.50 per gallon by one cent for each additional percentage of lifecycle greenhouse gas (GHG) emissions savings demonstrated above 50 percent, further incentivizing the development and deployment of SAF and providing higher emissions reductions. The tax credit would expire at the end of 2031.
A key aspect of President Biden's $2.3 trillion American Jobs Plan is funding infrastructure that focuses on climate solutions as part of a broader goal to get the U.S. on a path to net-zero emissions by 2050. Currently, air travel accounts for as much as 2.5 percent of global carbon emissions, which this legislation aims to cut in half.
The bill is backed by a broad coalition of industry groups, including AAAE, who today sent a letter asking Congress to consider and quickly pass this important legislation.
