WASHINGTON, D.C. — Americans for Clean Aviation Fuels (ACAF) submitted a comment letter on Friday to the House Ways and Means Committee’s request for additional input on whether biofuel tax provisions included in Public Law 117-169 (concerning §§ 40A, 40B, and 45Z) are designed to maximize domestic energy productivity and contribute to rural economies. The request for input included statements related to the design of the provisions as well as expressions of concern about their design and implementation.
ACAF members, representing the full clean aviation fuels (CAF) value chain—from agriculture, transportation, energy and manufacturers—assert that any 45Z extension should run through at least 10 years, increase domestic sustainable aviation fuel (SAF) production, create jobs and help lower carbon emissions by faster implementation of bio-energy production goals.
“It is important to observe that the 45Z tax credit is intended, in part, to change the economics of SAF production and use–a critical factor in developing a domestic SAF industry,” ACAF’s comment letter stated. “From the perspective of our consortium, composed of industry members from biofuel production, oil and gas production, agri-business and global aviation, it is crucial that the 45Z tax credit, or similarly situated credit program, be in place beyond 2027 to ensure continued growth and investment in clean aviation fuels. The appropriate length of such a credit program should be at least 10 years to provide long-term certainty and confidence to the market.”
ACAF is committed to driving the expansion and use of CAFs, American-grown feedstocks and harnessed energy. CAFs provide an environmentally sound alternative to conventional jet fuel by significantly reducing lifecycle GHG emissions and encompassing the universe of sustainable aviation fuels–biofuels or synthetic fuels derived from renewable biomass feedstocks, waste resources, and renewable energy resources, as well as captured carbon and hydrogen.
ACAF’s full comment letter can be found
here.
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Media Contact:
Mickey Sundermann
mickey@rokksolutions.com
About Americans for Clean Aviation Fuels (ACAF)
ACAF is a dynamic coalition of industry leaders from the aviation, manufacturers, energy, and agriculture sectors, united in their mission to advance the production and adoption of clean aviation fuels. Committed to driving economic growth, reducing emissions, and bolstering national security, ACAF represents a pivotal force in propelling sustainable aviation practices in the U.S. while creating good-paying jobs. For more information about ACAF and to see a list of founding members, please visit www.americansforcleanaviationfuels.com