Bipartisan Legislation Aims to Stabilize Sustainable Aviation Fuel Sector
A bipartisan group of US lawmakers has introduced a bill that would restore and extend a key federal incentive for sustainable aviation fuel (SAF), aiming to stabilize a sector that developers say has been shaken by shifting policy. The Securing America’s Fuels Act would reinstate the higher, SAF-specific rate within the Clean Fuel Production Tax Credit and extend it through 2033, providing a tax credit of $1.75 per gallon for qualifying producers. Congress had extended the broader clean fuel credit earlier this year but removed the bonus rate for SAF, a change that caught many in the industry by surprise. Supporters of the new bill say it offers the long-term clarity producers need to resume construction and move ahead with expansion plans. AeroTime reports.