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Greenhouse Gas Emissions Aviation Industry

K&L Gates LLP

Carbon Quarterly – Volume 9

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - August 2024

In this week’s edition, we discuss a Colombian court’s ruling in favor of an indigenous community who challenged the legality of a carbon credit project and a letter written by environmental activist groups to 71 airlines...more

Vinson & Elkins LLP

California’s Proposed Aviation Fuel Penalties May Change Aviation Economics and be a Boon for SAF Producers

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In a potentially significant development that may impact the economics of aviation, the California Air Resources Board (“CARB”) is proposing a policy, as we previewed in January 2024, to update the state’s Low Carbon Fuel...more

Morgan Lewis

Countdown to (Net) Zero: Aviation Industry Aims for Total Carbon Removal by 2050

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The International Air Transport Association (IATA) and its more than 300 airline members have committed to achieving net-zero carbon emissions by 2050, a goal largely driven by the industry’s use and investment in sustainable...more

King & Spalding

Treasury and IRS Issue Additional Guidance on Section 40B Sustainable Aviation Fuel Tax Credit

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Section 40B of the Internal Revenue Code of 1986 (the “Code”) enacted by the Inflation Reduction Act of 2022 (the “IRA”) provides tax credits for each gallon of sustainable aviation fuel (“SAF”) sold or used by a taxpayer...more

Holland & Knight LLP

Guidance, Model Provide Additional Clarity for 40B Sustainable Aviation Fuel Tax Credit

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The U.S. Department of the Treasury and IRS released Notice 2024-37 on April 30, 2024, regarding the Sustainable Aviation Fuel (SAF) Tax Credit found at Section 40B of the Internal Revenue Code as an income tax credit and...more

King & Spalding

IRS and Treasury Issue Guidance on Section 40B Sustainable Aviation Fuel Credit

King & Spalding on

Section 40B of the Internal Revenue Code of 1986 (the “Code”) enacted by the Inflation Reduction Act of 2022 (the “IRA”) provides credits for each gallon of sustainable aviation fuel (“SAF”) sold or used by a taxpayer before...more

Holland & Knight LLP

IRS, Treasury Department Release New Section 40B Sustainable Aviation Fuel Credit Guidance

Holland & Knight LLP on

The IRS and U.S. Department of the Treasury released on Dec. 15, 2023, Notice 2024-06 regarding Section 40B of the Internal Revenue Code. Effective for fuel mixtures sold or used after Dec. 31, 2022, and before Jan. 1, 2025,...more

Holland & Knight LLP

$300 Million for FAST-SAF Grants Now Open

Holland & Knight LLP on

The Federal Aviation Administration (FAA) announced $300 million in funding for projects to help the aviation sector reach net-zero emissions by 2050. The application window is now open for $245 million in Fueling Aviation's...more

Bennett Jones LLP

A Roadmap to Building a SAF Supply Chain in Canada

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The Canadian Council for Sustainable Aviation Fuels (C-SAF) recently launched a Roadmap for the country's aviation sector to remain competitive as it transitions to a net-zero future by 2050. C-SAF also published yesterday an...more

Bergeson & Campbell, P.C.

GAO Recommends Agencies Track Progress toward Federal Sustainable Aviation Fuel Goals

The U.S. Government Accountability Office (GAO) publicly released a report on March 27, 2023, entitled Sustainable Aviation Fuel: Agencies Should Track Progress toward Ambitious Federal Goals. According to GAO, sustainable...more

Morgan Lewis - Power & Pipes

Key Strategies to Decarbonize the Transportation Sector

The Biden administration released the US National Blueprint for Transportation Decarbonization (Blueprint) on January 10, 2023, setting forth a strategy for decarbonizing the transportation sector in order to achieve the...more

Bennett Jones LLP

Sustainable Aviation Fuel and Decarbonizing Canada's Aviation Industry

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The Canadian aviation industry is expanding efforts to tackle climate change and reduce greenhouse gas (GHG) emissions. While the aviation industry is responsible for only 3 percent of Canada’s overall annual GHG emissions,...more

Akin Gump Strauss Hauer & Feld LLP

FAA Proposes New Fuel Efficiency Standards for Large Aircraft Flying in the United States

On June 15, 2022, the Federal Aviation Administration (FAA) issued a proposed rule that would require large aircraft flying in the United States’ airspace to satisfy enhanced fuel efficiency standards. The proposal,...more

Foley Hoag LLP - Energy & Climate Counsel

White House Push for Increase in Sustainable Aviation Fuel

The White House has taken a strong stance in expanding the production and use of Sustainable Aviation Fuel (SAF) to reduce carbon emissions in the aviation industry. SAFs are liquid hydrocarbon fuels that are blended into the...more

Morgan Lewis

Transportation Industry Looks to Hit Net Zero Emissions

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Governments around the world have been committing recently to the greening of the transportation industry with a variety of net zero emission targets, funding proposals, and potential penalties and taxes....more

Akin Gump Strauss Hauer & Feld LLP

Developments in Emissions Trading in the U.K. and EU

As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

Akin Gump Strauss Hauer & Feld LLP

Transport Day at COP26—Key Events

Today during Transport Day at COP26, we highlight some of the key events taking place in Glasgow across the broad reaches of the transportation sector to reduce greenhouse gas (GHG) emissions and implement more sustainable...more

Jones Day

Sustainability in Aviation: Significant Efforts Underway to Reduce Greenhouse Gas Emissions

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The aviation industry, including air carriers and aircraft manufacturers, has taken significant steps toward increasing the environmental sustainability of the industry. Overall, many airlines have demonstrated a commitment...more

BCLP

Carbon pricing in the UK/Europe: ETS and CORSIA developments

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Operators in the aviation sector and the ‘stationary sectors’ (power generation, energy intensive industries, etc.) should note that the environmental regulatory framework for carbon pricing and emissions trading in the...more

Beveridge & Diamond PC

Prepared for Takeoff: EPA Finalizes First-Ever Domestic Greenhouse Gas Standards for Aircraft

The Environmental Protection Agency (EPA) has adopted the first-ever Clean Air Act (CAA) aircraft emission standards for greenhouse gases (GHGs), assuring the worldwide acceptance of U.S. manufactured airplanes and airplane...more

Beveridge & Diamond PC

CORSIA Updates: ICAO Drops 2020 Emissions from CORSIA Baseline and Launches the CORSIA Central Registry

Despite a historic and costly slowdown in air travel due to COVID-19 impacts, the Carbon Offsetting and Reduction Scheme for International Airlines (CORSIA) continues to advance in several key areas. During its June Session,...more

Hogan Lovells

A change in the wind? Heathrow expansion policy ruled unlawful in victory for climate campaigners

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The Court of Appeal returned a ruling on 27 February 2020 that the UK government's policy statement which included the government's approval of the Heathrow expansion was unlawful because it did not consider the impact of the...more

Pillsbury Winthrop Shaw Pittman LLP

Up in the Air - Will EPA rulemaking on carbon emission design standards for aircraft be the next Obama climate initiative on the...

Trump Administration officials followed up on the President’s June 1 announcement of U.S. withdrawal from the Paris climate accord by announcing that the Administration was reviewing U.S. participation in ICAO’s global...more

Bergeson & Campbell, P.C.

DOE Hosts Alternative Aviation Fuels Workshop, New LUC Emissions Research Discussed

On September 14-15, 2016, the U.S. Department of Energy (DOE) hosted a two-day workshop with lead experts on aviation biofuels exploring opportunities to increase competitiveness of alternative jet fuels. The Alternative...more

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