US Targets Abroad to Boost Biofuel Exports
The US Department of Agriculture has released a plan to boost US exports of biofuels, an industry crucial for soaking up the country's bumper corn and soybean harvest. The plan aims to change policies abroad that limit the uptake of fuels made from US crops. Exports of ethanol and other US-made fuels like renewable diesel have surged in recent years due to higher domestic production.
The Trump administration has been working to boost domestic biofuels production, and this latest move is a step towards further growth for the industry. The plan's success will depend on changing policies abroad that currently limit the use of US-made fuels.