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

Looking for a Greener Way to Fly

The Treasury Department is about to announce tax credits for sustainable aviation fuel, which raises the question: What fuels are actually “sustainable”? By Elizabeth Kolbert December 9, 2023 Planes account for roughly two per cent of the world’s CO2 emissions—if all the world’s aircraft got together to form a country, they’d emit more than the vast majority

Why the world’s first flight powered entirely by sustainable aviation fuel is a green mirage

A Boeing 787 Dreamliner is set to take off from Heathrow on November 28 and head for JFK airport in New York, powered by so-called sustainable aviation fuel (SAF). According to its operator, Virgin Atlantic, the world’s “first 100% SAF flight” will mark “a historic moment in aviation’s roadmap to decarbonisation”. It is proof of concept, we

Truckee Tahoe Airport Goes All-in on Sustainable Aviation Fuel

Author:  Mike Schwanz Published in:  November-December Truckee Tahoe Airport (TRK) in California recently made a bold environmental move by changing from standard Jet A to sustainable aviation fuel (SAF). The general aviation airport started offering SAF several years ago, with a goal of gradually increasing the percentage sold to 100% by the end of 2023.

WA’s largest oil refinery ramps up cleaner fuels as climate laws take hold

By  Isabella Breda  Seattle Times staff reporter CHERRY POINT, Whatcom County — Thick steam billowed from a series of towers and pipes, intricately woven together to form a powerhouse of the region’s energy production and Washington’s largest oil refinery. BP’s Cherry Point facility, which belched more than 2 million metric tons of climate-warming gases into

Sustainable aviation fuels aren’t the answer; flying less is

By Laura Gibbons and Brandon Bowersox-Johnson Special to The Seattle Times Despite The Seattle Times’ editorial board’s enthusiasm for sustainable aviation fuels, SAF remain a dangerous fantasy. If we buy into this myth, we will continue expanding air travel instead of what we actually must do: significantly reduce flights until real solutions are in place.

Aviation biofuel scales from demonstration to production

By Marissa Nall  –  Reporter, Puget Sound Business Journal Apr 18, 2023   Listen to this article     6 min   Sustainable aviation fuels are reaching an inflection point in Washington state, with mounting public and private sector investments to encourage large-scale production. Airline users have snapped up every drop of SAF they could get their hands on in