The US government will not give up the discount on sustainable fuels in aviation

The U.S. government continues to push for tax-deductible investment in sustainable aviation fuels. These initiatives will be crucial to the implementation of the zero-emission aviation industry in the middle of this century. This was stated by US President Joe Biden during a visit to a biofuel factory in Iowa.

The President pointed out the extraordinary possibilities There are alternative fuels Creating the most sustainable energy source that can be produced domestically and will help the aviation industry achieve its climate goals.

At the same time, Joe Biden stressed that investing in these activities would provide an opportunity to create new, better-paying jobs.

Low emissions biofuels

The president’s statements are based on the U.S. government’s previous plans to produce 3 billion gallons of domestic biofuels by the end of this decade.

The White House hopes to reduce carbon dioxide emissions from U.S. aviation by 20 percent by the end of this decade. The president had already called last year to reward the development of low-emission jet fuel produced from waste and vegetable oils with tax breaks.

However, those proposals were blocked in the US Congress. However, tax breaks are necessary Biofuels need to be developed competitively Against traditional products.

Biden’s new plan already has strong support from the U.S. Department of Civil Aviation. George Novak, CEO of the United States National Aviation Association (NASA) welcomed the President’s awareness that renewable fuels will play a key role in further efforts to reduce the environmental barrier in the aviation sector.

Modules and prices

Further Airlines to the United StatesThe trade union representing American airlines pointed out that the tax breaks would help grow the new sustainable aviation fuel market.

“Tax interventions will ensure that more sustainable products can be brought to market at a price that encourages airlines to make greater use of these fuels,” the organization said.

It has been pointed out that biofuels based on materials such as used cooking oil are two to five times more expensive than conventional kerosene currently used by air. In addition, biofuels Currently limited Produced.

According to the industry, initiatives are needed to increase production and reduce costs. By the middle of this century, the aviation industry will need to produce about 35 billion gallons of sustainable biofuels annually to create lower emissions.

The American Travel Association Finally, Joe Biden’s initiative clearly shows that travel and the living community do not have to be opposites, and that both are possible if policies continue to work with the travel industry to accelerate the transition to sustainable industry.