Washington, DC, May 20, 2021 – Today, the National Air Transportation Association (NATA) joined a coalition of over 60 organizations in applauding the introduction of congressional legislation to spur the development and use of sustainable aviation fuels (SAF).
The legislation establishes a $1.50 - $2.00 per gallon blender’s tax credit for SAF that achieves at least a 50 percent reduction in lifecycle greenhouse gas (GHG) emissions compared to conventional jet fuel, with the precise amount of the credit linked to the SAF’s GHG emissions performance.
Following a press conference by bill sponsors Representatives Brad Schneider (D-IL), Dan Kildee (D-MI), and Julia Brownley (D-CA), NATA President and CEO Timothy Obitts issued the following statement:
“The aviation industry stands together in its commitment to shift toward renewable energy sources in order to achieve its emission-reduction goals. The broad backing of this incentive is pivotal to effecting real change in the proliferation and competitiveness of SAF. The Sustainable Skies Act is a significant stride toward reaching a sustainable future.”
In a letter of support for the Sustainable Skies Act, the coalition noted the potential of the performance-based tax credit to provide the stability needed to incentivize advanced biofuel producers to focus on and invest in SAF production, as well as to “help make the low-carbon alternative to conventional jet fuel more cost-competitive, while driving the SAF industry towards investing in SAF with the greatest emissions reduction potential.”
