LanzaJet’s Post

Labour’s new Government has outlined its legislative priorities in the first #KingsSpeech of this Parliament, with investment in energy infrastructure and a bill in support of sustainable aviation fuel (SAF) production included as priorities. As the representative of fuels manufacturers and suppliers, Fuels Industry UK is pleased to see the new Government addressing these issues. The fuels sector has essential roles in the nation’s energy security as well as in reducing the economy’s emissions on the transition to net zero. It's crucial right now to have coordinated and comprehensive policy making to attract investment to the UK and prevent a disorderly energy transition. https://lnkd.in/euazKwc8

As the UK approaches its election day, major political parties have outlined their strategies to reduce emissions in the aviation sector. Here’s a breakdown of their manifestos: Conservatives:  The Conservatives highlight their role in advancing sustainable aviation fuel (SAF) policies, including mandates and funding from the Department of Transport. Their manifesto pledges to continue supporting SAF growth, ensuring vital domestic flight routes remain operational. Labour:  Labour’s manifesto emphasizes long-term support for SAFs, building on past initiatives such as the 2003 Aviation White Paper that aimed at balancing sector growth with environmental concerns. They aim to promote SAFs and modernize airspace. Liberal Democrats:   The Liberal Democrats propose banning short domestic flights where viable rail options exist, alongside taxing private jets and removing VAT exemptions on luxury flights. They advocate for transparency in carbon emissions for flights versus rail. Green Party:   Focusing on emissions reduction, the Green Party advocates for a frequent-flyer levy, banning short domestic flights where viable rail alternatives exist, and halting airport expansion to combat aviation’s growing CO2 emissions. Reform UK:   Reform UK seeks to incentivize clean synthetic fuel production while opposing net-zero subsidies, positioning itself uniquely on energy policy amidst the election discourse. Each party’s approach reflects varying degrees of commitment to decarbonizing UK aviation, influencing future policies and regulatory frameworks. #AvfoilNews #UKPolitics #AviationIndustry #SustainableAviation #ClimateAction #ElectionManifesto Read the article on our blog! https://lnkd.in/g_HS7Fbt

Ahead of the Autumn Statement today, our Chief Financial Officer Javier Echave, is calling on the Chancellor Jeremy Hunt and HM Treasury to harness the potential of the aviation sector to deliver UK economic growth and international competitiveness through 3 key fiscal measures: ✈️Enable net zero aviation: Speed up the creation of a framework for a domestic UK sustainable aviation fuels (SAF) industry, worth up to £10 billion by 2050, by introducing a price support mechanism to attract investment away from the EU and US to the UK 💷Boost tourism and international spending: Introduce a new, internationally competitive tax-free shopping incentive for overseas visitors to ensure the UK competes on a level playing field with the rest of the world 🚆Unlock rail investment and connectivity: Create the framework for over £1 billion in investment into the rail network via Southern Rail access to Heathrow and reversing a damaging private rail tax proposal The time to act is now - with the UK Government working together with business and infrastructure providers to unlock our economic potential. Read more https://lnkd.in/eqvnAKRX

The private jet charter industry thrives on efficiency, and that extends to tax management. This guide explores maximizing deductions for critical expenses like aviation fuel, routine maintenance, and major repairs. Blog: https://bit.ly/4c0Vqtt #AviationTax #TaxDeductions

As always, a thought-provoking piece by Jon Worth: However, the first of Jon's 2 options (listed below) has been tried before – and indeed this was the system of the past 70 years since World War Two, and essentially it did not work – it delivered too little market share for rail at too high a price for the taxpayer. Memories are short that it was this old night train system organised by national governments that led to the pan-EU night train network ultimately failing between the late 1990s and early 2010s.   Secondly, we are currently in the 10+ year market opening transition period of the EU 4th Railway Package. Being ‘stuck’ is one of the results of this. But you can guess who wanted such a prolonged transition period, to postpone market opening as long as possible. Clue: it was not ALLRAIL's members, and it was not the EU Commission. So, sorry, the EU level cannot get the blame for that one.... https://lnkd.in/ed2wQUUu

What's the new #Government led by Keir Starmer going to do in the months ahead? Now we know: a big programme of new legislation outlined in today's #KingsSpeech which includes bills on planning & infrastructure, English devolution, public ownership of passenger railways, and a Great British Energy Bill. The proposed Planning & Infrastructure Bill seeks to streamline delivery for critical infrastructure, encourage better local planning decisions by "modernising" planning committees and giving planners more resources. The English Devolution Bill will devolve more powers to more areas and change governance arrangements to "unblock local decision-making". Interestingly, government is also looking to encourage investment in Sustainable Aviation Fuel - a key opportunity for the East Midlands aerospace and research sector - and to unlock the borrowing power of the The Crown Estate so it invests further in public infrastructure and generate greater returns. There's also a Skills England Bill which aims to join the dots better between skills provision and businesses via a new Skills England body. To find out more about the Bills that matter to you, take a look at the background briefing here - https://lnkd.in/eVbkHseg #investment #growth #devolution #planning #infrastructure #transport #cleanenergy #netzero #aerospace #advancedmanufacturing #skills Ben Sumner Chris Gerada

Included in the Company Obligation ECO 4 are: ECO4 grant is available to: 🏠 Homeowners or Private Tenants 💷 Individuals who get income-related benefits 📉 Properties with low EPC Score 🔌 Properties with inefficient heating systems ECO 4 scheme qualifying benefits: Child Tax Credits (CTC) Child Benefits (depends on income threshold) Jobseekers Allowance (JSA) Employment & Support Allowance (ESA) Income Support (IS) Pension Credit Guarantee Credit Universal Credit (UC) Warm Home Discount Rebate Working Tax Credit (WTC) Newly added with ECO4’s roll out: Housing Benefit Pension Credit Saving Credit Benefits no longer meeting the eligibility criteria: Armed Forces Independence Payment (AFIP) Attendance Allowance Carer’s Allowance Constant Attendance Allowance Disability Living Allowance (DLA) Industrial Injuries Disablement Benefit (IIDB) Personal Independence Payment (PIP) Severe

It's going to be a busy Parliamentary session with over 40 Bills targeted by the new Government. They have the potential to influence key parts of the British economic and social system with implications including for Government at all levels, the investor, asset owner, operator, manufacturer and services sector. A reminder Steer's "Election Reflection" conversations that start next week. We're heading to almost 1,000 individual sign-ons to listen in. Why not join them? Details below. #wearesteer #economy #places #cities #infrastructure #transport #energy

Not so grim in Grimsby? Interesting FT piece co-written by my erstwhile colleague Jim Pickard, reporting from the (almost) erstwhile fishing town of Grimsby (and good to see the co-writer is Lucy Fisher). It makes the interesting point that boats departing for deep-sea fishing have been replaced by boats off to look after offshore wind turbines - a nice example of #JustTransition https://lnkd.in/eGJi6Ggn, though probably with fewer jobs.

Railpen's investment and fiduciary teams are focused on meeting the needs of over 100 individual Sections of the Railways Pension Scheme. Each Section has its own unique risk and return needs, determined by its unique characteristics. But not only that, assumptions made in an investment model may not align with evolving markets and geopolitical changes (amongst others). So, we need to be able to flexibly adapt. We interviewed Craig Heron, our Director of Public Markets, to find out more about the role of flexibility in Railpen’s investment strategy. Watch our video at https://ow.ly/fsRb50SCnv8 Read about this investment belief at https://ow.ly/J3Pz50SCnv9 #RailpenInvestmentBeliefs #InvestmentStrategy #InvestmentFlexibility