SAF revenue certainty mechanism: approach to industry funding
Read the full outcome
Detail of outcome
皇冠体育app consultation asked for views on how the sustainable aviation fuel (SAF) revenue certainty mechanism could be funded.聽聽
In our response, the government confirms that:聽聽
- the SAF revenue certainty mechanism will be funded by industry to support the UK aviation industry聽
- the variable levy on aviation fuel suppliers will be based on their market share of fossil-based aviation turbine fuel聽
- those parties subject to an obligation under the SAF Mandate are liable to pay a levy to ensure reduced administrative burden聽聽
We have included a summary of responses from the 76 respondents across all areas, including fuel producers and the aviation sector. We have also published the SAF revenue certainty mechanism: cost-benefit analysis.
Original consultation
Consultation description
We are working with industry to design a sustainable aviation fuel (SAF) revenue certainty mechanism. 皇冠体育app mechanism aims to reduce the risks of revenue uncertainty for emerging聽SAF听辫谤辞诲耻肠别谤蝉.
We are asking for your views on:
- how the mechanism could be funded
- our proposal that the mechanism be funded by industry, preferably by introducing a levy on jet fuel suppliers
- the funding mechanism and design issues not addressed in our previous consultation on revenue certainty options