The US Department of Agriculture intends to make available up to $100 million (€87 million) in grants for activities designed to expand the availability and sale of renewable fuels.
The announcement was made by US Secretary of Agriculture Sonny Perdue.
He said: “America’s energy independence is critical to our economic security, and President Trump fully recognises the importance of our ethanol and biofuels industries and the positive impacts they deliver to consumers and farmers with an affordable, abundant and clean-burning fuel.
“American ethanol and biofuel producers have been affected by decreased energy demands due to the coronavirus, and these grants to expand their availability will help increase their use during our economic resurgence.”
The Higher Blends Infrastructure Incentive Programme (HBIIP) consists of funding for competitive grants or sales incentives to eligible entities for activities designed to expand the sale and use of ethanol and biodiesel fuels. Funds will be made directly available to assist transportation fuelling and biodiesel distribution facilities with converting to higher ethanol and biodiesel blends by sharing the costs related to and/or offering sales incentives for the installation of fuel pumps, related equipment and infrastructure.
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