WASHINGTON (December 15, 2023) – Today the U.S. Treasury Department released new guidance for so-called “sustainable aviation fuel” (SAF) tax credits that could allow jet fuel made from corn ethanol or vegetable oils to qualify for generous subsidies. The Inflation Reduction Act (IRA) created a tax credit for sustainable aviation fuels (SAF) that reduce emissions by at least 50%. This tax credit is intended to help the aviation industry meet its decarbonization goals.
Beginning on Thursday, world leaders, climate negotiators, activists, corporations and lobbyists will gather in Dubai for the COP28 global climate summit. The annual United Nations conference serves both as a forum for nations to highlight progress and make announcements in the fight against climate change and as the stage for formal negotiations for global agreements on key climate issues. This year,…
President Biden is reportedly skipping a global climate change summit for the first time in his presidency. Not attending the conference, which is set to begin later this week, would mark a significant snub by a president who has vowed to fight global warming. Yet some experts say his absence is unlikely to actually impact the conference’s…
WASHINGTON (November 14, 2023) Today the U.S. government’s Global Change Research Program released the Fifth National Climate Assessment report. The report, prepared with the support and approval of 14 federal agencies, and with input from hundreds of government and non-governmental experts, provides a comprehensive look at how climate change will affect the United States.Following is a statement by Dan Lashof, U.S. Director, World Resources Institute: