An environmental policy promoted by Democratic lawmakers to effectively ban internal combustion engines (ICEs) for heavy-duty trucks by 2040 would be a major economic blow to agribusiness by causing dramatic decreases in ethanol, biodiesel and corn prices, according to a new report.
“Economic Impacts to U.S. Biofuels, Agriculture, and the Economy from Subsidized Electric Vehicle Penetration,” commissioned by the Agricultural Retailers Association (ARA), responds to strategies included in a...
https://s29755.pcdn.co/news/ag-retailers-zero-emission-truck-plan-could-devastate-agriculture