Newsom Proposes SAF Tax Credit Worth Up to $300M a Year. California's Own Analysts Say Reject It.
April 9, 2026
A $1-$2 per gallon production credit for California refiners would divert diesel excise taxes earmarked for road repair, with Phillips 66 as the primary beneficiary.
Image source: Image Source: CalMatters
Hormuz Blockade Sends Jet Fuel to $205 a Barrel and Cancels Thousands of Flights
Iran's closure of the Strait of Hormuz has triggered emergency fuel rationing at seven Italian airports, forced airlines to cut routes and raise fares, and sharpened the energy security case for domestic SAF production
Iran War Sends Jet Fuel Costs Surging — and SAF Back to the Centre of Aviation’s Energy Debate
With the Strait of Hormuz disrupted and fares rising, airlines face price spikes and mandate pressure simultaneously — but the cost premium means SAF is no short-term fix
EU's €75B Investment Strategy Puts SMR Financing on the Table — and SAF Gains a Powerful Backer
The Commission's new clean energy plan explicitly funds small modular reactor research — a direct unlock for eSAF production struggling to reach FID
$1.4B Louisiana SAF Plant to Convert Wood Waste Into Low-Carbon Jet Fuel
Southern Energy Renewables will develop a green methanol and SAF facility in St. Charles Parish, targeting commercial operations in late 2029.
California SAF Hits 885 Cents a Gallon — an All-Time High — as Middle East Conflict Squeezes Jet Fuel Supply
S&P Global Platts data shows California SAF prices surged 132.88 cents per gallon in a single week, driven by Iran war-related supply tightening that amplifies the existing SAF cost premium
40% Capital Grant Cuts Advanced SAF Cost Gap by Up to 90%, ICCT Netherlands Study Finds
New ICCT analysis quantifies how EU state aid rules, ETS revenues, and electricity grid fee reductions can make e-kerosene and FT fuels from agricultural residues commercially viable
IRENA and ICAO Deploy $4.15 Billion Financing Network to Unblock SAF Projects Stalling Before Financial Close
Finvest@ETAF applies IRENA's clean energy project facilitation model — 14 partners, $4.15 billion in pledged capital — directly to sustainable aviation fuel development
Metafuels Raises $24 Million to Scale Methanol-to-Jet eSAF Technology Toward Commercial Deployment
The Series A round, led by UVC Partners, will drive Metafuels' aerobrew methanol-to-jet technology from demonstration to first-of-a-kind commercial plants in Europe.