{"id":18491,"date":"2021-05-25T12:43:28","date_gmt":"2021-05-25T12:43:28","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=18491"},"modified":"2021-05-25T13:54:17","modified_gmt":"2021-05-25T13:54:17","slug":"nata-and-gama-among-supporters-of-sustainable-skies-act","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/national-news\/nata-and-gama-among-supporters-of-sustainable-skies-act\/%20","title":{"rendered":"NATA, NBAA and GAMA Among Supporters of Sustainable Skies Act"},"content":{"rendered":"\n

The National Air Transportation Association (NATA), the National Business Aviation Association (NBAA) and the General Aviation Manufactures Association (GAMA) joined a coalition of over 60 organizations in applauding the introduction of congressional legislation to spur the development and use of sustainable aviation fuels (SAF).<\/p>\n\n\n\n

The legislation<\/a> establishes a $1.50 – $2.00 per gallon blender\u2019s tax credit for SAF that achieves at least a 50 percent reduction in lifecycle greenhouse gas (GHG) emissions compared to conventional jet fuel, with the precise amount of the credit linked to the SAF\u2019s GHG emissions performance. <\/p>\n\n\n\n

Following a press conference by bill sponsors Representatives\nBrad Schneider (D-IL), Dan Kildee (D-MI), and Julia Brownley (D-CA), NATA\nPresident and CEO Timothy Obitts said, \u201cThe aviation industry stands together\nin its commitment to shift toward renewable energy sources in-order-to achieve\nits emission-reduction goals. The broad backing of this incentive is pivotal to\neffecting real change in the proliferation and competitiveness of SAF. The\nSustainable Skies Act is a significant stride toward reaching a sustainable\nfuture.\u201d<\/p>\n\n\n\n

Pete Bunce, GAMA President and CEO said, \u201cThe general and\nbusiness aviation industry is steadfast in its commitment to environmental\nsustainability with advances in aircraft technologies that result in more\nefficient wing, rotor, fuselage and engine design as well as revolutionary\ninnovations like hybrid and electric aircraft. While we continue to advance\nthese solutions, we also recognize that the increased use of sustainable\naviation fuel (SAF) will also play a key role in reducing aviation\u2019s CO2\nemissions,\u201d said Bunce. \u201cThe Sustainable Skies Act will help spur the private\nsector investments needed to boost the production, distribution and uptake of\nSAF. A blender\u2019s tax credit will also assist in making SAF a cost-competitive\nalternative to conventional jet fuel. We applaud the leadership shown by\nRepresentatives Schneider, Kildee and Brownley to put forth this tax credit\nwhich will help our industry meet our long-standing environmental focus on\naddressing climate change.\u201d<\/p>\n\n\n\n

In a letter<\/a> of support for the Sustainable Skies Act, the coalition noted the potential of the performance-based tax credit to provide the stability needed to incentivize advanced biofuel producers to focus on and invest in SAF production, as well as to \u201chelp make the low-carbon alternative to conventional jet fuel more cost-competitive, while driving the SAF industry towards investing in SAF with the greatest emissions reduction potential.\u201d<\/p>\n\n\n\n

\u201cThis important legislation is key toward the business aviation community\u2019s aggressive work to meet its sustainability objectives,\u201d said NBAA President and CEO Ed Bolen. \u201cWe applaud the leadership shown by Reps. Brad Schneider (D-10-IL), Dan Kildee (D-5-MI) and Julia Brownley (D-26-CA) in introducing this bill, which supports and strengthens a nascent industry that is critical to reducing aviation emissions.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

The National Air Transportation Association (NATA), the National Business Aviation Association (NBAA) and the General Aviation Manufactures Association (GAMA) joined a coalition of over 60 organizations in applauding the introduction of congressional legislation to spur the development and use of sustainable aviation fuels (SAF). The legislation establishes a $1.50 – $2.00 per gallon blender\u2019s tax […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-18491","post","type-post","status-publish","format-standard","hentry","category-national-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=18491"}],"version-history":[{"count":3,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18491\/revisions"}],"predecessor-version":[{"id":18502,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18491\/revisions\/18502"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=18491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=18491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=18491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}