LUV - Airlines make push for green incentives

The Biden Administration is being lobbied by U.S airlines and renewables companies to back a big increase in subsidies for lower-carbon aviation fuel.The argument is being made by industry groups that new incentives are needed to help fight climate change. The support could also help in the recovery for airlines from the pandemic.Biden has set a long-term goal to decarbonize the U.S. economy by 2050, which has spurred more movement on the carbon front."The difference is we've got an ear now that's much more sympathetic to figuring out near-term solutions to policy, research and development," says Bryan Sherbacow of low-carbon fuels provider World Energy.American Airlines (AAL), Delta Airlines (DAL), Southwest Airlines (LUV), United Airlines (UAL), JetBlue (JBLU), Hawaiian Holdings (HA), Alaska Air Group (ALK), Allegiant Travel (ALGT), Spirit Airlines (SAVE), Mesa Airlines (MESA), SkyWest (SKYW).See how airlines stocks compare in a detailed screen.

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Airlines make push for green incentives