SAF coalition submits comments on energy credits and incentives

by | Sep 9, 2024 | 5 Ag Stories, News

The Sustainable Aviation Fuel Coalition submitted comments responding to request for stakeholder comments on energy credits and incentives from the House Ways and Means Committee. In its comments, the Coalition underscored the economic benefits associated with SAF investment. The Coalition also emphasized the need for robust, long-term SAF incentives, comparable to biofuels, to ensure the SAF industry’s competitive edge. To achieve this, the Coalition urged the House Ways and Means Committee to consider several solutions, including a longer duration for the SAF tax incentives to support the SAF marketplace and agricultural sector. They’d like to see enhanced value for SAF tax incentives to support sustained investment in producing these new fuels and bolster U.S. SAF leadership. They’d like the Committee to ensure tech neutrality of SAF tax incentives to encourage innovation. They’d like complimentary actions at the Environmental Protection Agency to be consistent with the goals of the SAF tax incentive.