Economic relief available for biofuel producers and to restore renewable fuel markets hit by the pandemic
Up to $800 million will help biofuel producers and rural Americans build back better
Last updated 12/22/2021 at 7:43am
WASHINGTON — U.S. Department of Agriculture Secretary Tom Vilsack announced that USDA will make up to $800 million available to support biofuel producers and infrastructure.
The announcement includes $700 million to provide economic relief to biofuel producers and restore renewable fuel markets affected by the pandemic. The department will make the funds available through the new Biofuel Producer Program authorized by the Coronavirus Aid, Relief, and Economic Security Act — CARES — Act. Additionally, in the coming months, the Department will make $100 million available to increase...