The Environmental Protection Agency (EPA) issued an emergency waiver to allow a higher-grade of ethanol fuel be sold over the summer, a major win for the Midwestern corn industry. The EPA granted similar emergency waivers last year, allowing the sale of 15% ethanol blends known as E15, in a bid to keep spiking gas prices down following Russias invasion of Ukraine, Politico reported. Midwestern lawmakers and ethanol advocates had sharply criticized a proposed EPA rule in early March which would have permanently allowed the sale of E15 in eight Midwestern states beginning in 2024 for being too slow and caving to oil interests.
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