United Airlines CEO Scott Kirby called on congressional leaders Tuesday to “take prompt action” to combat climate change by passing the proposed tax credit for sustainable aviation fuel. The House-passed budget reconciliation package included a refundable SAF tax credit that would begin at $1.25 per gallon for blenders, which Kirby called “the most important action we can take in the near term” with respect to aviation. “Scaling SAF quickly is critical to reducing aviation’s climate impact. However, the high costs of SAFs compared with fossil fuel is a major barrier to their production and use,” he wrote.
https://www.politico.com/newsletters/morning-energy/2022/04/06/big-oils-day-on-the-hill-00023286