1. Short title This Act may be cited as the Safeguarding Domestic Energy Production and Independence Act of 2023 . 2. Renewable fuel cost containment credits Section 211(o)(7) of the Clean Air Act ( 42 U.S.C. 7545(o)(7) ) is amended by adding at the end the following: (G) Conventional biofuel (i) Conventional biofuel waiver credits (I) In general The Administrator shall make available for sale renewable fuel credits to any person with a renewable volume obligation under paragraph (2) at a price of not more than $0.20 per credit. (II) Adjustments for inflation As determined appropriate by the Administrator, the price referred to in subclause (I) shall be adjusted for inflation. (ii) Use of credits A renewable fuel credit sold under this paragraph— (I) shall only be used for the purpose of complying with the requirement under paragraph (2) for the year for which the credit was sold; and (II) may not— (aa) be resold or transferred to another person