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Agricultural News

Growth Energy: COVID Assistance is Welcome Relief for Biofuels Producers

Thu, 25 Mar 2021 07:49:52 CDT

Secretary of Agriculture Tom Vilsack announced today that the United States Department of Agriculture (USDA) will begin issuing a new round of pandemic assistance to key agriculture programs, specifically including biofuels. Growth Energy CEO Emily Skor welcomed this announcement in a statement:

"We are pleased that USDA plans to provide long-awaited assistance to biofuel producers, who were some of the hardest hit by the COVID-19 pandemic," said Growth Energy CEO Emily Skor. "At its lowest, over half of the industry was offline.

"Secretary Vilsack's announcement that aid is on the way is a light at the end of the tunnel. We look forward to working with USDA as they iron out the full details of this program for biofuel producers and revitalize the rural economy."

Commencing in the spring, biofuels will be a recipient of a shared $6 billion investment using discretionary funding from the Consolidated Appropriations Act and other coronavirus funding that went unspent by the previous administration.


   

 

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