To environmentalists, the president’s goal of lowering gas prices is a small benefit compared to the damage the decision could do to efforts to reduce the country’s carbon emissions.
Biden made his announcement Tuesday during a trip to Iowa, where corn — and ethanol — are crucial to the state economyPresident Joe Biden's plan to reduce the price of gas this summer may make corn farmers and their elected representatives happy. But the move also has irked environmentalists who see ethanol as a climate-change villain.
Biden made his announcement Tuesday during a trip to Iowa, where corn — and ethanol — are crucial to the state economy. He said the Environmental Protection Agency would issue an emergency waiver from the Clean Air Act that will permit the sale of gasoline that is 15 percent ethanol, 5 percent more than the typical blend, from June 1 to Sept. 15. The change will lower gas prices by about 10 cents a gallon at the 2,300 gas stations equipped to pump it, the Biden administration says.
To environmentalists, that's a small benefit compared to the damage the decision could do to efforts to reduce the country's carbon emissions. Ethanol is a biofuel made from mostly corn and other plant materials. More than 98% of U.S. gasoline contains 10% of ethanol.
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