Trump Administration Grants Biofuel Waiver Impacting Producer Archer-Daniels-Midland
The U.S. government has granted a 'hardship' waiver to an oil refinery, exempting it from requirements to blend ethanol into its fuel. This decision directly impacts major U.S. ethanol producers, such as Archer-Daniels-Midland. The policy is part of the contentious Renewable Fuel Standard, which has created conflict between the oil and agriculture industries. While the article focuses on ground transportation, government policy on biofuels like ethanol can influence the broader market for Sustainable Aviation Fuel (SAF).
Official Source: https://finance.yahoo.com/news/trump-administration-just-rewarded-archer-150248920.html
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