White House Approves Year-Round Ethanol Blends, Aiming for Economic and Environmental Benefits
The decision to allow higher ethanol blends in gasoline year-round is set to boost the Midwest economy and reduce carbon emissions, with implementation delayed until 2025.
- The White House is set to approve a request from Midwest governors for year-round sales of E15 gasoline, a move aimed at supporting the ethanol industry and environmental efforts.
- Implementation of the new ethanol blend policy is strategically delayed until 2025 to avoid potential price spikes and supply issues.
- The ethanol industry, employing over 72,400 people, significantly contributes to the U.S. GDP and supports rural communities.
- Efforts to reduce the carbon footprint include constructing pipelines for CO2 sequestration, spurred by incentives in the Inflation Reduction Act.
- The decision could impact gas prices in key battleground states, posing risks to the president's reelection bid.