February 28, 2013

Renewable fuels help state economies


shutterstock_96735895Did you know, the ethanol industry has supported over 383,000 direct and indirect and induced jobs across all sectors of the economy last year? The industry contributed $43.3 billion to GDP and $30.2 billion in household income.

The Renewable Fuels Association has released a state-by-state update to the “Contribution of the Ethanol Industry to the Economy of the United States,” an economic impact analysis performed by Cardno ENTRIX.

The top ten states experiencing the economic benefits of having ethanol plants operating locally are: Iowa, Illinois, Nebraska, Minnesota, Indiana, South Dakota, Wisconsin, Ohio, Kansas, and North Dakota.

How does ethanol help Nebraska?

  • There are over 80 E85 and flex fuel pumps across Nebraska and 140,000 flex fuel vehicles, and these numbers keep increasing. (Find flex fuel pumps near you here!)
  • One in 10 Nebraskans are driving a flex fuel vehicle.
  • “The Golden Triangle”  - no state is better situated with corn, livestock, ethanol fuel, and distillers grains production than Nebraska. That helps our entire economy!
  • Last year, ethanol saved $1.69 per gallon at the pump in the Midwest and households saved over $1,200.
  • The average salary in the ethanol sector is $56,158 compared to $35,479 in 2000.  (Nebraska Department of Labor)
  • Even with several ethanol plants shut down due to economics, we are still the second largest producer of ethanol.
  • Most of our ethanol produced is export to other states and other countries.
  • We do not have a shortfall of corn - including that used for ethanol production! Corn field and center pivot irrigation in south central Nebraska. July, 2010. Photo by Craig Chandler / University Communications

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