Kyle Laderman Per 3

Trump Administration Invests Up To $100 Million to Increase American Biofuel Sales. (2020, October 8). Retrieved November 17, 2020, from https://www.usda.gov/media/press-releases/2020/10/08/trump-administration-invests-100-million-increase-american-biofuel

The USDA invested 22 million dollars out of the 100 million in grants available to increase sales for American ethanol and biodiesel. The funds were provided by  the Higher Blends Infrastructure Incentive Program (HBIIP). The 22 million dollars are projected to increase the demand of ethanol by around 150 million gallons yearly. Secretary Perdue said. “President Trump has expanded ethanol use by unleashing year-round E15, and the result is more demand for American farmers and more affordable fuel for American consumers.” In the weeks after that they announced their plans to spend the rest of the money.

This is very good news because i think that all this money could be very beneficial if used correctly. This money could be the explosion to the worldwide use of biofuel and the beginning to a new world. The fact that it is projected to increase the demand for biofuel shows that it will be a snowball effect and this will slowly build up more and more to the point where everyone will be using biofuel

2 thoughts on “Kyle Laderman Per 3

  1. Kyle- I too love the concept of biofuel and the US become more fuel independent. The devil can be in the details though. Did it say which type of material would make the fuel? Is it corn? If so this may not be the env. win it seems at first glance.

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