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Proposed California budget includes new SAF tax credit

January 13, 2026

BY Erin Krueger

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Treasury, IRS released proposed 45Z regulations

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By Erin Krueger

5 hours ago

Policy Business Sustainable Aviation Fuels 

The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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FedEx introduced sustainable aviation fuel (SAF) at two more U.S. airports towards the end of last year: Dallas Fort Worth International Airport (DFW) and John F. Kennedy International Airport (JFK).

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Valero Energy Corp. on Jan. 29 released fourth quarter 2025 financial results, reporting a profitable three-month period for its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.

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Arva on Jan. 27 announced the expansion of its biofuels offering to support biofuel producers as they operationalize the 45Z Clean Fuel Production Credit.

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Topsoe has been selected by Tangshan Jinlihai Biotechnology Co. Ltd. to provide its Hydroflex technology and related services for a sustainable aviation fuel (SAF) project with the capacity to process 300,000 tons of feedstock annually.

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