Trump Administration’s embrace of biofuels likely to drive up fuel costs and increase pollution

In March, the Trump Administration updated the U.S.’s Renewable Fuel Standard to require more plant-based fuel to be used in American cars and trucks than ever before, drawing praise from soybean farmers and agribusiness groups. The new standard requires refiners and fuel importers to blend in record-high amounts of plant-based diesel – 60 percent more than last year. The change is the largest annual increase in the program’s history, according to commodities analysis group Argus. The administration also maintained an existing mandate to blend 15 billion gallons per year of corn ethanol into motor gasoline.