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Increased Funding and Opportunities for Sustainable Aviation Fuel Production.

This act authorizes hundreds of millions of dollars in new funding to boost the production of Sustainable Aviation Fuel (SAF), which must achieve at least a 50% reduction in greenhouse gas emissions. The goal is to accelerate the aviation industry's transition to cleaner fuels, potentially leading to long-term environmental benefits and reduced climate impact. The bill also introduces more flexible rules for federal grants supporting these new technologies.
Key points
Authorization of over $700 million in additional funding for Fiscal Year 2024 to support projects developing and producing Sustainable Aviation Fuel (SAF).
Establishment of a strict definition for SAF, requiring a minimum 50% reduction in lifecycle greenhouse gas emissions compared to conventional jet fuel.
Modification of federal funding rules to allow greater flexibility in grant amounts for facilities scaling up SAF production.
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Additional Information
Print number: 118_S_1962
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2023-06-13