BIO applauds your leadership in the development and introduction of the Sustainable Skies Act, a blender’s tax credit (BTC) to incentivize the production and use of sustainable aviation fuel (SAF).
To meet the challenge of climate change, it is crucial to lead with science and U.S. innovation. Because of biotech innovations, the production of biofuels is becoming more efficient and environmentally sustainable. These technological breakthroughs have led to the development of SAF derived from renewable biomass and waste byproducts, which can reduce lifecycle greenhouse gas emissions by up to 80 percent compared to conventional jet fuel.
By supporting policies that advance pioneering technology breakthroughs we can return our Nation and the world to health and prosperity. BIO is committed to working with Congress to address the climate crisis and advance legislation, such as the Sustainable Skies Act that catalyzes resilient and sustainable biobased economies.
Biotechnology Innovation Organization statement for the record to the U.S. House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access hearing on "American Ingenuity: Promoting Innovation Through the Tax Code…
Nearly 400 companies and trade associations wrote House and Senate leaders about the need to reverse a harmful tax change--a new requirement to amortize R&D expenses--that threatens jobs and innovation.
Under the 340B program, participating manufacturers must offer 340B pricing on their covered outpatient drugs by covered entities, as a condition of having those drugs federally payable under Medicare Part B and Medicaid. Critically, Congress…
BIO applauds your leadership in the development and introduction of the Sustainable Skies Act, a blender’s tax credit (BTC) to incentivize the production and use of sustainable aviation fuel (SAF).
To meet the challenge of climate change, it is crucial to lead with science and U.S. innovation. Because of biotech innovations, the production of biofuels is becoming more efficient and environmentally sustainable. These technological breakthroughs have led to the development of SAF derived from renewable biomass and waste byproducts, which can reduce lifecycle greenhouse gas emissions by up to 80 percent compared to conventional jet fuel.
By supporting policies that advance pioneering technology breakthroughs we can return our Nation and the world to health and prosperity. BIO is committed to working with Congress to address the climate crisis and advance legislation, such as the Sustainable Skies Act that catalyzes resilient and sustainable biobased economies.