Ernst Supports American-Made Aviation Fuel
WASHINGTON – Today, U.S. Senator Joni Ernst (R-Iowa) joined her colleagues in introducing the bipartisanSecuring America’s Fuels Actto strengthen the sustainable aviation fuel (SAF) industry while supporting American-grown crops and cleaner aviation fuel.
Building on anErnst-led amendmentduring theWorking Families and Tax Cutsdiscussion, this legislation would reinstate the SAF bonus credit – allowing qualifying SAF producers to receive between $0.35 and $1.75 per gallon – and extend the 45Z Clean Fuel Production Tax Credit for all clean fuels through 2033.
“I’m partnering with my colleagues on theSecuring America’s Fuels Actto ensure that the aviation industry can fully unleash the potential of homegrown, sustainable biofuels,”said Senator Ernst.“When SAF successfully ‘takes off,’ we open up new markets for our farmers, create more energy independence, and support our national security.”
“Kansas has a long history as a leader in agriculture and aviation, and this legislation will strengthen these industries while bolstering U.S. energy innovation,”said Senator Moran.“As a founding member of the Senate Sustainable Aviation Caucus, I am committed to supporting the sustainable fuels industry to bolster our aviation industry, open new markets for Kansas farmers and rural communities and promote American energy independence.”“Nevada’s travel and tourism industries bring in visitors from all over the world, and it’s critical that we continue to embrace innovative aviation technology,”said Senator Cortez Masto.“This bipartisan legislation incentivizes cleaner airplane fuel that will support a stronger aviation system and a healthier environment for future generations.”“Domestically produced biofuels strengthen our energy independence, support our farmers, and boost rural economies,”said Senator Klobuchar.“The introduction of the Securing America's Fuels Act is an important step as we work to restore the full value of the 45Z Clean Fuel Production Credit. By extending the credit to 2033 and restoring the credit’s value to $1.75 this legislation gives farmers and biofuel producers the certainty they need to develop sustainable aviation fuel and other low carbon fuels.”
Read the billhere.
Background:
Ernst has long championed efforts that strengthen domestic biofuel policy, such as herFarmer First Fuel Incentives Act, which she successfully included in theWorking Families and Tax Cutsto extend the 45Z Clean Fuel Production Credit and ensure crops grown by American farmers are prioritized in renewable fuel production.
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