USDA is investing up to $500 million from the Inflation Reduction Act to increase the capacity of domestic biofuels. Agriculture Secretary Tom Vilsack said another $25 million was also awarded to build the infrastructure for higher ethanol blends. Roughly one-third of those funds are being invested in Minnesota. “This federal funding that was secured is going to help gas stations to install, retrofit or upgrade fuel pumps and storage tanks to deliver ethanol blends greater than ten percent and biodiesel blends greater than 20 percent,” said Minnesota Senator Amy Klobuchar. Additional projects will be awarded in the coming weeks.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.