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Funding for homegrown biofuels announced as part of Investing in America Agenda

Funds provided through Inflation Reduction Act; USDA awards first round of funding to 59 infrastructure projects

Press release

WASHINGTON — U.S. Department of Agriculture Secretary Tom Vilsack announced Monday that USDA plans to invest up to $500 million from President Joe Biden’s Inflation Reduction Act to increase the availability of domestic biofuels and give Americans additional cleaner fuel options at the pump.

“President Biden’s Inflation Reduction Act is a historic investment that will expand clean energy, lower costs for Americans, and build an economy that benefits working families and small businesses,” Vilsack said. “By expanding the availability of homegrown biofuels, we are strengthening our...

 

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