Trump administration considers boost to biofuel mandates to ease farmer anger: sources [Reuters]
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Source: Reuters
Trump administration considers boost to biofuel mandates to ease farmer anger: sources - Reuters 5 Min Read NEW YORK/WASHINGTON (Reuters) - The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad use of waivers for small refineries, but is not planning to rescind any of the exemptions it has granted so far, four sources familiar with the matter said. The approach would mark a mixed result for the agriculture industry and its backers who had been pushing the administration to revoke some of the exemptions, which they argue hurt demand for corn-based ethanol by freeing refiners from their obligation to blend biofuels into their products. The proposals emerged a day after U.S. President Donald Trump on Thursday summoned his Agriculture Secretary Sonny Perdue and Environmental Protection Agency Administrator Andrew Wheeler to the White House to discuss ways to boost biofuel demand. The meeting w
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