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Grassley presses Bessent on 45Z regulations

U.S. Treasury Secretary Scott Bessent testifies before the Seante Finance Committee on June 12.

June 12, 2025

BY Erin Krueger

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Senate Ag Committee releases draft Farm Bill

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By Erin Krueger

22 minutes ago

Policy Business 

The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.

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Petrobras on June 19 announced its board of directors has approved a $1.2 billion project to produce sustainable aviation fuel (SAF) and renewable diesel at its existing Presidente Bernardes Refinery (RPBC), located in Cubatão, São Paulo, Brazil.

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EcoCeres announced the extension of its sustainable aviation fuel (SAF) supply agreement with British Airways until the end of 2030. The SAF is produced from 100% waste-based feedstocks, such as used cooking oil (UCO).

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The U.S. EPA on June 18 released data showing nearly 2.02 billion RINs were generated under the RFS in May, up nearly 4% when compared to the same month of last year. Total RIN generation for the first five months of 2026 reached 9.66 billion.

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The U.S. EPA on June 18 released updated Renewable Fuel Standard data, reporting that no new small refinery exemption (SRE) petitions were filed under the program during the past month. A total of 40 SRE petitions remain pending.

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