With the Senate back to work and the House returning next week, we’re keeping an eye on the Sustainable Skies Act—which would help combat climate change and support the development of sustainable aviation fuel.
In a nutshell, the Sustainable Skies Act (H.R. 3440/S. 2263) would create a long-term, performance-based tax credit specifically for sustainable aviation fuel (SAF).
The details: “The legislation would create a tax credit starting at $1.50 per gallon for blenders that supply sustainable aviation fuel with a demonstrated 50% or greater lifecycle estimate reduction in greenhouse gas emissions compared to standard jet fuel,” said the press release from co-sponsors Reps. Brad Schneider (D-IL), Dan Kildee (D-MI), and Julia Brownley (D-CA). “[T]he legislation provides an additional credit of $0.01/gallon for each percentage the fuel reduces emissions over 50%.”
Learn more about the Sustainable Skies Act.
Why SAF? SAF is made from renewable biomass and waste feedstocks, which can reduce GHG emissions by up to 80% compared to conventional jet fuel. SAF producers are also making significant investments in sustainable agriculture, clean fuels infrastructure, and new energy solutions to power the way we move.
Long-term tax incentives help these companies grow—creating more new jobs, contributing to rural prosperity, and securing and diversifying our nation’s energy supply.
The bill has broad support—from BIO and a coalition of airlines, fuel producers, and airports.
But it needs your help to get it passed. Join our BIOAction Campaign and tell your elected leaders to support The Sustainable Skies Act.
More Agriculture and Environment News:
Bloomberg Green: Climate change juiced the deadly Pacific Northwest heatwave
“Last week’s deadly heat in the northwestern U.S. and British Columbia would not have reached the highs it did in a world without greenhouse gas pollution, according to climate scientists who conducted a rapid-response study of the heatwave.”
FarmProgress: USMCA celebrates one-year anniversary
“‘So, when we’re discussing ‘lessons learned’ from one year in USMCA, we must address the Mexican government’s unprovoked rejection of technology—technology that has been proven to enhance the sustainability of agriculture at a time when we need it most,’ BIO says.”