UPDATE 3-Trump set to discuss biofuels Thursday with USDA, EPA -sources [Reuters]
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Source: Reuters
Trump set to discuss biofuels Thursday with USDA, EPA: sources WASHINGTON/NEW YORK (Reuters) - President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned cabinet members on Thursday to discuss ways to boost biofuel demand, four sources familiar with the matter said. Trump was scheduled to meet with Agriculture Secretary Sonny Perdue and Environmental Protection Agency (EPA) Administrator Andrew Wheeler at the White House, the sources said. They said the officials will present options to boost ethanol demand, which farmers say has slumped since the EPA exempted dozens of refineries from ethanol requirements. One proposal to be presented, which is advocated by the USDA, is rescinding seven or eight of the waivers the administration has granted to refineries, according to a memo of five proposals obtained by Reuters. Sources said government agencies have agreed on four of the proposals. The sticking
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