Clean Fuels highlights job creation and economic benefits in letter to President Biden –

IARN – Clean Fuels Alliance America wrote to President Joe Biden and other administration officials on Wednesday to highlight the biodiesel and renewable diesel industry’s contribution to job growth. The letter asks the administration to support a tax policy that encourages continued investment, capacity expansion and the creation of additional jobs. The letter states, “The clean fuels industry has increased production in 2021, making a critical contribution to the nation’s fuel supply,” adding, “Our industry plans to continue to increase production this year.

The recent 2022 U.S. Energy and Jobs Report shows the clean fuel industry added jobs in 2021 at a rate of 6.7% and projects continued job growth of 5. 8% in manufacturing in 2022. In addition, a recent study by the World Agricultural Economic and Environmental Service showing that US production of biodiesel and renewable diesel generated a 4% drop in the price of diesel fuel in 2021, a savings of $0.22 per gallon at current fuel prices.

Story reproduced courtesy of Iowa Agribusiness Radio Network.

Adobe Image Bank

Previous postIowans worried about CO2 pipelinesnext articleMany moving parts will influence beef demand for the rest of 2022