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US SAF Market Still Digesting Uncertainty of 45Z Clean Fuel Production Tax Credit

March 10, 2025

BY Jordan Godwin

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Hawaii governor signs clean fuel standard into law

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By Erin Krueger

a day ago

Policy Markets 

Hawaii Gov. Josh Green on July 14 signed legislation to create a clean fuel standard (CFS) that aims to reduce the carbon intensity (CI) of transportation fuels by at least 50% below 2019 levels by 2045. Hawaii is the fifth state to implement a CFS.

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The USDA’s National Institute of Food and Agriculture has awarded $5.6 million to support 11 projects that focus on converting, treating, processing, refining or manufacturing products to utilize plant, animal and woody biomass.

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The American Soybean Association is urging the U.S. EPA to update its lifecycle analysis for soybean oil used to produce renewable diesel, arguing that current methodologies treat soybean oil differently than comparable feedstocks.

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CoBank’s Knowledge Exchange on July 8 released a new quarterly report that discusses the current status of the Renewable Fuel Standard, indicating that this year’s level of blending could determine the future trajectory of the program.

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The U.K. Department for Transport on July 13 published a document that sets out the agency’s planned approach to allocating contracts under the government’s upcoming sustainable aviation fuel (SAF) revenue certainty mechanism.

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