Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023

Bill 118 s 2378, also known as the Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023, is a proposed piece of legislation in the US Congress. The main goal of this bill is to address the environmental impact of aviation by implementing a carbon tax on aviation fuel.

The bill aims to incentivize the aviation industry to reduce its carbon emissions by imposing a tax on the carbon content of aviation fuel. This tax would be used to fund research and development of alternative transportation fuels and technologies that produce fewer greenhouse gas emissions.

Additionally, the bill includes provisions to support the development of sustainable aviation fuels and technologies, as well as investments in infrastructure for electric and hybrid aircraft. It also aims to promote the use of public transportation and other alternative modes of transportation to reduce the overall carbon footprint of the transportation sector. Overall, the Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023 seeks to address the environmental impact of aviation and promote the development of sustainable transportation options in the United States.