Trump plans to protect renewable fuel standard, corn ethanol - Bloomberg (GEVO)

September 13, 2016 2:09 PM EDT

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GOP presidential candidate Donald Trump, speaking in Iowa today, said he plans to protect the renewable fuel standard and corn ethanol, according to Bloomberg.

Trump also called family farms the backbone of the U.S. and said double taxation of farms "a disaster."

Gevo (Nasdaq: GEVO) shares are ticking higher amid the news.

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