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NEW YORK (Reuters) – U.S. President Barack Obama’s administration issued a draft rule on Tuesday aiming to cut greenhouse gasses emitted by biofuels but confirming his predecessor’s target for production of corn-based ethanol.
The rule seeks to make production of U.S. corn-based ethanol more efficient and increase production of advanced biofuels. Corn ethanol has been criticized for contributing to higher food prices and indirectly causing greenhouse gas emissions by forcing forests and other lands to be burned abroad to create farmland.
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