The SAF Coalition submits comments on energy credits and incentives to House Ways and Means Committee
September 5, 2024
BY Sustainable Aviation Fuel Coalition
The Sustainable Aviation Fuel (SAF) Coalition submitted comments in response to requests for stakeholder comments on energy credits and incentives from the Supply Chain Tax Team of the U.S. House of Representatives’ Committee on Ways and Means.
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 SAF Coalition urged the House Ways and Means Committee to consider the following legislative and regulatory solutions:
- Provide a longer duration for the SAF tax incentives to support the SAF marketplace and agricultural sector;
- Enhance the value of SAF tax incentives to support sustained investment in producing these new fuels and bolster U.S. SAF leadership;
- Ensure tech neutrality of SAF tax incentives to encourage innovation;
- Ensure complimentary actions at the Environmental Protective Agency (EPA) are consistent with the goals of the SAF tax incentives.
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To read the SAF Coalition’s full submission to the House Ways and Means Committee, click here.
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