The Sustainable Aviation Fuel (SAF) Coalition this week submitted comments on energy credits and incentives to the U.S. House of Representatives’ Committee on Ways and Means in response to a request for stakeholder input from the Supply Chain Tax Team.
In its comments, the Coalition stressed the economic benefits of SAF investment, as well as the need for long-term SAF incentives similar to biofuels.
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.