IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

8/10/2022 9:50:00 PM

IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

IRA Puts Economic Muscle Behind Search For Sustainable Aviation Fuel

The Inflation Reduction Act contains major new incentives for the sustainable aviation fuel research and development.

There’s a lot yet to unpack in the 700+ page Inflation Reduction Act of 2022. Some say the legislation torpedoed the EV revolution by placing so many restrictions on the new EV incentives that hardly any electric cars currently for sale in the US will qualify. That issue is still up in the air, but the bill does provide major new incentives for renewable energy, heat pumps, upgrading residential structures, and

Let’s be honest. Commercial and private aircraft create lots of carbon dioxide, which gets spewed out of jet engines while in flight. If the world was serious about addressing global warming, all airplanes would be grounded tomorrow. We really shouldn’t be sacrificing our earthly home for the convenience of being able to fly anywhere in the world at a moment’s notice.

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Opinion | The IRA Is Big Pharma's First Defeat—Let's Make Sure It's Not the Last'Big Pharma is terrified because they are no longer invulnerable. By passing the IRA's modest drug pricing reforms, the Senate has opened the door.' anti_flag The drug pricing reform doesn’t even go into effect for like 4+ years and even then it’s only slated to be 10 drugs in total. Big Pharma will most likely lobby their way out of this provision before that time comes. We need the senate to keep pushing not celebrating. That's right boss....the Big Pharma are trembling with fear and worry. They're on the ropes. Sure. 😂😂😂😂😂😂 Big-Pharma has no better friend than the Democrat party … maybe Republicans, but it’s close. Go look-up the donor-list instead of shit-tweeting garbage.

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By Published 8 seconds ago There’s a lot yet to unpack in the 700+ page Inflation Reduction Act of 2022.The IRA Is Big Pharma's First Defeat—Let's Make Sure It's Not the Last Big Pharma is terrified because they are no longer invulnerable.and its beautiful, wealthy passengers.IndyCar You might say Nashville was transformed into New Zealand East, at least for one day.

Some say the legislation torpedoed the EV revolution by placing so many restrictions on the new EV incentives that hardly any electric cars currently for sale in the US will qualify. That issue is still up in the air, but the bill does provide major new incentives for renewable energy, heat pumps, upgrading residential structures, and sustainable aviation fuel , often abbreviated as SAF. The IRA will give Medicare the power to negotiate lower prices on prescription drugs, along with taxing corporations and making necessary investments in climate infrastructure. Let’s be honest. Those with seasickness might want to stay home because the swaying camera is going to make that human waste any more palatable. Commercial and private aircraft create lots of carbon dioxide, which gets spewed out of jet engines while in flight. The PhRMA lobby group, which represents Big Pharma, is furious. If the world was serious about addressing global warming, all airplanes would be grounded tomorrow. Foyt, with 67 wins.

We really shouldn’t be sacrificing our earthly home for the convenience of being able to fly anywhere in the world at a moment’s notice. The IRA's drug pricing reforms will: Give Medicare the power to negotiate lower prices on key prescription drugs. What first appeared Instagrammable ends catastrophically, leaving the survivors stranded on a desert island and fighting for survival. But of course that’s not going to happen, so the next best thing is to come up with fuels that lower the carbon emissions left behind in our wake when we fly. The Biden administration has called for increasing SAF production in the US to at least 3 billion gallons per year by 2030.  Penalize pharma companies for raising Medicare drug prices faster than the rate of inflation. That’s nearly 100 times more than the entire world will produce this year. “ I thought it said something about our era’s obsession with looks and that inner wellbeing is, in some respects, secondary. The Inflation Reduction Act includes two key provisions that could dramatically increase the nation’s SAF supply, according to Canary Media . But the unelected parliamentarian ruled that the provision needed 60 votes, and Republicans voted to strip it out of the bill. Man, Nashville is just so awesome.

First, fuel companies could receive tax credits worth $1.50 per gallon for sustainable fuels with 50% lower life cycle greenhouse gas emissions than standard jet fuel. But that is still a major defeat for an industry that's used to controlling enough politicians across party lines to block any drug pricing reform. Those calculations account for the fuel’s ​“induced land-use change value,” meaning the emissions created by displacing crops or natural areas to produce fuel feed stocks. The idea is to favor fuels that don’t compete with food production or environmental conservation. By passing the IRA's modest drug pricing reforms, the Senate has opened the door. Second, the new law provides nearly $300 million in research and development grants to fund initiatives that make, transport, blend, or store SAF, as well as projects to develop fuel efficient aircraft or otherwise reduce emissions from flying.” Pole sitter McLaughlin finished second, followed by Alex Palou, Alexander Rossi and Colton Herta.

The Benefits For Sustainable Aviation Fuel The grants will support fuel makers, airlines, and engine manufacturers in their efforts to achieve 100% SAF use during flight. Once that's enshrined into law, it opens the door to additional legislation, and executive actions, to lower drug prices further. Today, the amount of SAF that can be blended with conventional fuel is limited to 50%. That’s primarily because existing sustainable fuels don’t meet the industry’s criteria for jet fuels, and industry regulators want to ensure all fuels are compatible with aircraft engines and infrastructure worldwide. They have one more chance in the House, where Democrats hold only a slim majority. The airline industry supported the sustainable aviation fuel provisions in the new law, saying the policies would spur much needed investments to reduce the environmental damage created by flying people and cargo. Commercial planes and business jets account for roughly 3% of total US greenhouse gas emissions, a share that’s on track to increase significantly as people begin to travel more following the Covid pandemic. We need to make our voices louder than PhRMA's. It was unreal.

Neste is exploring making sustainable aviation fuel from municipal solid waste and algae. The fuel tax credit is ​“a welcome recognition of the role SAF plays and the challenges it faces,” says Chris Cooper, president of its US division, in an email to Canary Media . Tell them that this law is needed so that seniors who've paid into Medicare their entire working lives aren't forced to choose between food and medicine. Its parent company is the world’s largest producer of alternative diesel and jet fuel. A Long Way To Go & A Short Time To Get There Aviation fuel analysts say the R&D program will spur innovation and fuel production over the long run, but have concerns about how effective the tax credit would actually be at scaling US production from millions of gallons to billions of gallons per year in the near future. This is the final sprint to win a desperately needed victory against Big Pharma. One key issue is the law’s narrow timeline. It is what it is.

As written in the Senate bill, the incentive only applies to SAF produced after Dec. And once it is law, we will keep fighting for more—until everyone in America can get the medications they need. 31, 2024 and sold before Dec. 31, 2027.0). That isn’t necessarily a problem for existing SAF makers, which primarily produce their fuel from hydro-processed esters and fatty acids (HEFA) — a category that includes pork fat, beef tallow, and the yellow grease collected from fast-food kitchens. But the world only discards so much burger grease.. 1, Dixon moves into second, six points behind, Indy 500 winner Marcus Ericsson drops to third place (-12), Newgarden is fourth (-22), Palou is fifth (-33), McLaughlin is sixth (-56) and Pato O’Ward is seventh (-59).

In order for SAF to scale, producers will need to develop methods for making fuel from new materials. California based .