But this is only possible if the government fully commits to the goal that it set for itself.

In September 2021, the White House launched the Sustainable Aviation Fuel Grant Challenge to reduce greenhouse gas emissions from the aviation sector.

But on Monday, the Government Accountability Office, GAO, released a report showing that in 2022 sustainable aviation fuel accounted for less than 0.1 percent of the total jet fuel used by major U.S. airlines.

But this is only possible if the government fully commits to the goal that it set for itself.

I think it's important that we continue to move in the direction of the sustainable aviation fuel production.

GE Aerospace thanks the committee for its role in creating this program, especially Senator Raphael Warnock (D-GA), Senator Maria Cantwell (D-WA), Senator Gary Peters (D-MI), and Senator Alex Padilla (D-CA) who led in the creation of the AERO Act.

In September 2021, the White House launched the Sustainable Aviation Fuel Grant Challenge to reduce greenhouse gas emissions from the aviation sector.

Both of these things are important.

We certainly do not want to incentivize this kind of behavior.

They should be held accountable.

They should be held accountable.

Too many Americans live paycheck-to-paycheck, and in this case they got it late.

Ordinary folks who just showed up, put in their deposits, they should not have to bear the brunt and burden of these bad decisions made by bank executives.

As the ship is sinking we do not want bankers to be able to move all of their products on the lifeboat.

Both of these things are important.

We certainly do not want to incentivize this kind of behavior.

It is appropriate, and I would say urgent.

Not one banker went to jail. They kept their multimillion-dollar salaries.