Plan for Sustainable Aviation Fuel at PIT Changes, KeyState Out

In May of 2024, CNX Resources Corp., KeyState Energy, and Pittsburgh International Airport (PIT) announced they were working together on a $1.5 billion project that, if completed, would make sustainable aviation fuel (SAF) at PIT from coalbed methane gas (see CNX, KeyState Partner with Pittsburgh Airport on H2 Aviation Fuel). However, the project was/is contingent on the IRS allowing coalbed methane to qualify for green energy tax credits. Good news: The revisions under the One Big Beautiful Bill Act (OBBBA) retain the designation that allows coalbed methane to qualify for the tax credits. However, KeyState has confirmed it's pulling out of the PIT SAF project. CNX said it will continue with the project.

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