Biden targets increased sustainable aviation fuel production
TL/DR –
The Biden administration has proposed a system of tax credits for the production of sustainable jet fuel to help reduce greenhouse gas emissions. This initiative would encourage the production of aviation fuels from crops, aiming to “decarbonize” the commercial airline industry. These incentives were authorized in the Inflation Reduction Act.
The Biden administration motivates the production of sustainable jet fuel
The Biden administration has made moves to encourage the production of eco-friendly jet fuel, which is seen as a key player in reducing greenhouse gas emissions. This has been done through the introduction of tax credits for producers of this sustainable fuel.
Decarbonizing the commercial airline industry with crop-based aviation fuels
In a bid to “decarbonize” the commercial airline industry, the administration has highlighted the benefits of aviation fuels produced from crops. These incentives, aimed at reducing carbon emissions, were authorized under the Inflation Reduction Act, according to officials from the administration.
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