Makers of Fuel From Plants Feel Forsaken in Obama's Climate Push
- Industry says that it's losing investors due to uncertainty
- Obama Administration proposed slashing statutory targets
This article is for subscribers only.
Producers of motor fuels from plant waste say they have been left behind in President Barack Obama’s push to fight climate change.
Executives from about two dozen companies that produce advanced biofuels say a proposal to reduce the amount of the cleaner-burning fuel refiners must use in gasoline is crimping investment and shifting assets overseas, according to a letter to Obama Wednesday.