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Impact on aviation sector emissions by end of 2024
5
Resolution / Starting Odds
Significant Reduction • 33%
Moderate Reduction • 34%
No Impact • 33%
Environmental Protection Agency or other credible environmental reports
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Biden Admin Introduces Tax Credits for Sustainable Ethanol-Based Jet Fuel
Apr 30, 2024, 09:50 PM
The Biden administration has introduced a new subsidy program for sustainable aviation fuel (SAF), allowing producers to use corn-based ethanol as a feedstock. This initiative, announced on Tuesday, includes guidance from the US Treasury Department on tax credit eligibility, emphasizing the use of climate-smart agricultural (CSA) practices. Refineries along the Texas Gulf Coast can now claim tax credits for producing jet fuel from ethanol, cooking oil, and other renewable sources. This move is part of a broader effort to reduce greenhouse gas emissions by promoting the production of sustainable jet fuel.
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Energy • 25%
Transportation • 25%
Manufacturing • 25%
Agriculture • 25%
Introduce new fuel-efficient aircraft • 33%
Implement carbon offset programs • 33%
No significant changes • 34%
Significant changes • 33%
Minor changes • 33%
No changes • 33%
Increased concern • 33%
No change in concern • 33%
Decreased concern • 33%
Significant Impact • 33%
Moderate Impact • 33%
Minimal Impact • 34%
Fully implemented • 33%
Partially implemented • 34%
Not implemented • 33%
Widely adopted • 33%
Moderately adopted • 33%
Not adopted • 33%
Significant Reduction in Delays • 25%
Moderate Reduction in Delays • 25%
No Significant Change • 25%
Increase in Delays • 25%
Highly Effective • 33%
Moderately Effective • 33%
Ineffective • 34%
