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Obama ploughs $1.8bn into US biofuel industry makeover

James Murray
@James_BG
06 May 2009

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Agencies release biofuel targets and unveil $1.8bn in funding designed to accelerate switch to second generation fuels

The Obama administration grasped the nettle of US corn ethanol policy yesterday, unveiling a £1.8bn strategy designed to bolster biofuel production while guarding against potential environmental damage....