USDA Begins Accepting Applications from States for $100 Million Biofuels Infrastructure Partnership

Following a recent announcement by the U.S. Department of Agriculture (USDA), the Commodity Credit Corporation (CCC) announced that all 50 states, Puerto Rico and Washington, DC may apply for up to $100 million in grants under the Biofuels Infrastructure Partnership (BIP).

USDA continues to aggressively pursue investments in American-grown renewable energy to create new markets for U.S. farmers and ranchers, help Americans save money on their energy bills, support America's clean energy economy, cut carbon pollution and reduce dependence on foreign oil and costly fossil fuels. A typical gas pump delivers fuel with 10 percent ethanol, which limits the amount of renewable energy most consumers can purchase at the pump.

Through BIP, USDA will award competitive grants, matched by states, to expand the infrastructure for distribution of higher blends of renewable fuel. These competitive grants are available to assist states, the Commonwealth of Puerto Rico and Washington, D.C. with infrastructure funding. States that offer funding equal to or greater than that provided by the federal government will receive higher consideration for grant funds. States may work with private entities to enhance their offer.

Click for More Information

Date Posted: 6/17/2015