IARN — Clean Fuels Alliance America wrote to President Joe Biden Wednesday and other administration officials to highlight the biodiesel and renewable diesel industry’s contribution to job growth. The letter asks the administration to support tax policy that encourages continued investments, capacity expansion, and additional job creation. The letter states, “The clean fuels industry increased production during 2021, making an essential contribution to the nation’s fuel supply,” adding, “Our industry plans to continue increasing production this year.”
The recent United States Energy and Employment Report 2022 shows that the clean fuels industry added jobs in 2021 at a rate of 6.7 percent and anticipates continued job growth of 5.8 percent in manufacturing during 2022. Additionally, a recent study from the World Agricultural Economic and Environmental Service showing that U.S. biodiesel and renewable diesel production generated a four percent decrease in the price of diesel fuel in 2021 – a saving of $0.22 a gallon at current fuel prices.
Story courtesy of the Iowa Agribusiness Radio Network.
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