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Turmoil Breaks Out in Ethanol Industry

Both Iowa and Illinois Renewable Fules Associations oppose any change in the law

Ben Mills, Wikimedia Commons
Ben Mills, Wikimedia Commons

Billionaire Carl Icahn’s relationship with President Donald Trump has helped spark a round of recriminations within the $24 billion American ethanol industry just as it navigates one of the most crucial points in its history.

The discord has emerged in the past few days as ethanol companies react to a proposal from Icahn and a lobby group that would shake up how the industry is regulated.

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