BUSINESSCOMMONWEALTH BEACON
At Massport’s urging, Healey signs tax break for sustainable aviation fuel
Massachusetts Governor Maura Healey signed a $10 million annual tax credit for sustainable aviation fuel (SAF) over three years, driven by Massachusetts Port Authority CEO Rich Davey. The initiative aims to reduce aviation emissions by incentivizing SAF adoption, though environmental groups and critics question its cost-effectiveness and long-term impact.
Mentioned
Related Signal
Adjacent reporting
- Green Sky Capital Backs Egypt Sustainable Aviation Fuel Facility
- French airlines are finally turning to sustainable fuels to break free from fossil fuel dependence
- Japan steps up efforts on cooking oil in race for sustainable aviation fuel
- British government urged to ban private jets amid fuel crisis by climate charity
- Labor extends EV tax break to encourage cheaper vehicles amid soaring fuel prices
- Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson