October 22, 2024
WASHINGTON, D.C. — Today, Sustainable Aviation Fuel (SAF) Coalition Executive Director Alison Graab issued the following statement applauding the introduction of the Expanding Clean Fuel Production Act by Representatives Brad Schneider (IL-10), Dan Kildee (MI-08), and Julia Brownley (CA-26). The legislation would extend for ten years the Section 45Z clean fuel production credit.
“We applaud Representative Schneider and his colleagues Representatives Kildee and Brownley for their efforts to extend incentives for SAF. We look forward to working with them on both an extension as well as enhancing and strengthening the incentive. Advancing sustainable aviation fuel demonstrates a clear commitment to the environmental and economic promises SAF holds, and incentives that are durable and attract investment are essential to unlocking that potential and driving the progress needed to sustain and grow the SAF industry,” said SAF Coalition Executive Director Alison Graab.
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“I’m proud to introduce this legislation with Reps. Kildee and Brownley to extend the SAF credit, boost production of clean fuels and position the U.S. as a global leader in production and use of sustainable fuels,” said Rep. Schneider. “A ten-year extension would allow for sustained investment in production to accelerate the transition to cleaner fuels and to significantly cut greenhouse gas emissions from the aviation industry, in particular. We are already seeing the impact of theInflation Reduction Act’s investments on U.S. production of sustainable fuels.”
“The 45z tax credit has been critical in helping to ramp up U.S. production of sustainable aviation fuel,” said Rep. Brownley. “However, we needed to extend the credit long-term to provide market certainty and to ensure a safe and reliable supply of SAF to meet the needs of the aviation industry. I appreciate Congressman Schneider and Congressman Kildee’s partnership on this bill, and I look forward to working with stakeholders in the environmental, energy, and aviation community to extend the 45z credit and promote U.S. investment in this critical domestic fuel source.”
“In my home state of Michigan, we have already seen the harmful effects of climate change on our Great Lakes,” said Rep. Kildee. “This legislation will help us continue producing clean energy and fuels here in the United States, to help create good paying jobs, provide new markets to Michigan farmers, and reduce carbon emissions from airplanes and other vehicles.”
Read Rep. Schneider’s press release to learn more.
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About the SAF Coalition
The Sustainable Aviation Fuel (SAF) Coalition represents the entirety of the SAF value chain. Through the coalition, our members are working together to rapidly invest in the SAF sector and advocate for the incentives and policies necessary to promote U.S. economic competitiveness in the emerging SAF marketplace.
Visit theSAFcoalition.com and follow the SAF Coalition on X, Facebook, and LinkedIn to learn more.
Media Contact:
Robin Calleja
Seven Letter
robin@sevenletter.com...
Read the full news release here
