Trump Administration Grants Disputed Biofuel Waiver to Archer-Daniels-Midland
The Trump administration's Environmental Protection Agency (EPA) has granted a controversial "hardship" waiver to agricultural giant Archer-Daniels-Midland (ADM). This waiver exempts an ADM-owned oil refinery from its legal obligation to blend ethanol into its fuel supply. The decision has sparked outrage, as such exemptions were designed to aid small, financially struggling refineries, not multi-billion dollar corporations. Critics, including biofuel advocates, argue the move undermines the U.S. Renewable Fuel Standard. This action is one of several contentious waivers granted by the administration that have faced significant industry and political backlash.
Official Source: https://finance.yahoo.com/news/trump-administration-just-rewarded-archer-150248920.html
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