Economic Impact of Ethanol is Personal

In Audio, Biofuels, Ethanol by Cindy

A new study out from the Fuels America coalition shows that the industry supports more than 850,000 American jobs and drives $184.5 billion of economic output.

fuels-americaIt also is responsible for $46.2 billion in wages and generates $14.5 billion in tax revenue each year.

But numbers are impersonal and fail to show the real personal impact of what ethanol production has meant for rural areas. National Corn Growers Association Vice President of Public Policy Jon Doggett says farmers tell him ethanol is the reason their children have come back or decided to stay on the farm. “When I get tough farmers come up with misty eyes and say ‘that’s why this is so important because my kid came back,'” said Doggett during a press conference announcing the Fuels America report. “It gives them a way to pass that farm on to the next generation.”

Listen to Doggett’s comments here: Jon Doggett, NCGA

Listen to the full press conference here: Fuels America new economic report