Biden Backs Sustainable Aviation Fuel Tax Incentives as Congress Waits

President Joseph Biden renewed calls this week for a Sustainable Aviation Fuel, or SAF, tax credit, in a strong endorsement for the airline industry's goal to slash carbon emissions.

“We’re on the cusp of so many significant things that are going to happen in this country — not just in the fuel side, but in the next 10 years,” said Biden. “Your children are going to see more change in the next 10 years than we’ve seen in the last 40 years. That’s how rapidly technology is changing.”

The question, at least for aviation, is whether SAF will takeoff in the next decade as the president hopes. The sector has a disappointing history of big promises and missed targets. For example, United Airlines first invested in Fulcrum Bioenergy in 2015 with a 10-year SAF supply commitment that was due to begin in 2017. Fulcrum co