USDA to invest up to $500M to increase availability of domestic biofuels through HBIIP
Green Car Congress
JUNE 28, 2023
The US Department of Agriculture (USDA) plans to invest up to $500 million from the Inflation Reduction Act to increase the availability of domestic biofuels. This project is expected to increase annual sales of ethanol by approximately 635,000 gallons. The $450 million in new funds will be available quarterly starting 1 July.
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