Trump Administration Invests Up To $100 Million to Increase American Biofuel Sales
U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) has invested $22 million out of the up to $100 million in grants available to increase American ethanol and biodiesel sales. These funds were made available through the Higher Blends Infrastructure Incentive Program (HBIIP) to recipients in 14 states. The initial $22 million in HBIIP investments are projected to increase ethanol demand by nearly 150 million gallons annually.