Air cargo players want ‘cohesion and consistency’ in how aviation reports emissions

By Charlotte Goldstone 12/08/2024 Current CO2 air cargo emission calculating methodology has been compared to the VW emissions scandal, with a lack of standardisation allowing passenger ‘greenwashing’ at the expense of cargo.  The disparity between IATA and ICAO’s baseline figures for calculating air cargo emissions could be resulting in false sustainability data, making passenger operations

Treasury issues tax-credit guidelines for sustainable aviation fuel

The IRS has issued more guidance on the new Sustainable Aviation Fuel credit. The SAF credit applies to qualified fuel mixtures containing sustainable aviation fuel for certain sales or uses in calendar years 2023 and 2024. (IR 2023-240, 12/15/2023; Notice 2024-6, 2024-2 IRB) Sustainable Aviation Fuel Credit. The Sustainable Aviation Fuel Credit (SAF) was part of