U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more carbon intense and less efficient than renewable diesel.
Lawmakers are offering a $1.25-$1.75 per gallon SAF credit depending on the feedstock used, as part of a tax and climate bill that aims to lower U.S. carbon emissions by about 40% by 2030 and cut the federal budget deficit by $300 billion.
The National Association of Truckstop Operators and SIGMA, a fuel marketers association, are urging lawmakers to oppose the Inflation Reduction Act of 2022 unless it provides tax parity between the biodiesel tax credit and proposed SAF tax credit. "SAF cannot compete with other renewable fuels on an environmental basis," said David Fialkov, executive vice president of government affairs at NATSO.
"Increasing the global supply of vegetable oils, directly or indirectly, necessarily comes at the cost of forests and other natural lands," according to researchers at the International Council on Clean Transportation in an August briefing.
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