A bill to formally adopt a revenue certainty mechanism to support the production of SAF was introduced in the U.K. Parliament on May 14. The proposed scheme is in the form of a guaranteed strike price.
King Charles announced that the U.K. Parliament will soon introduce a bill to support the production of SAF via a revenue support mechanism during his July 17 speech that formally opened a new session of the British Parliament.
The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.
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