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Funding to Boost Biofuel Sales

Dan Biofuels/Energy, This Land of Ours, USDA-RD

A national push to increase sales of biofuels. That’s coming up on This Land of Ours.

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USDA is accepting applications for $100 million in grants to increase the sale and use of biofuels derived from U.S. agricultural products. USDA is making the funding available through the Higher Blends Infrastructure Incentive Program (HBIIP).This program seeks to market higher blends of ethanol and biodiesel by sharing the costs to build and retrofit biofuel-related infrastructure such as pumps, dispensers, and storage tanks. This additional funding follows an April investment of $5.6 million through HBIIP that is expected to increase the availability of biofuels by 59.5 million gallons per year in California, Delaware, Illinois, Maryland, New Jersey, New York and South Dakota.

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In June, USDA also announced that it had provided $700 million in relief funding to more than 100 biofuel producers in 25 states who experienced market losses due to the pandemic. These investments reflect the goals of President Biden’s Inflation Reduction Act. The law includes another $500 million aimed at increasing the sale and use of agricultural commodity-based fuels.

Listen to Sabrina Halvorson’s This Land of Ours program here.

Funding to Boost Biofuel Sales

Sabrina Halvorson
National Correspondent / AgNet Media, Inc.

Sabrina Halvorson is an award-winning journalist, broadcaster, and public speaker who specializes in agriculture. She is a native of California’s agriculture-rich Central Valley.