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US issues new tax credit guidelines for SAF

Qualifying producers can earn $1.25 to $1.75 per gallon

Courtney BlackannbyCourtney Blackann
January 3, 2024
in Sustainability
Reading Time: 4 mins read
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The U.S. Treasury Department and IRS’s new guidelines for sustainable aviation fuel credits under the Biden administration’s 2022 Inflation Reduction Act will be finalized early this year.  Producers of sustainable aviation fuel (SAF) blends that reduce greenhouse gas emissions by 50% or more will qualify for a credit of between $1.25 and $1.75 per gallon, […]

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Tags: environmental regulationInternational Air Transport Association (IATA)Premiumsustainabilitysustainable aviation fuel (SAF)The International Air Cargo Association (TIACA)
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