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    « Studies Suggest Biofuels Can Worsen Warming | Home | Ethanol Policy To Be Discussd At USD »

    Ethanol Industry Bright Spot In Cloudy Economic Picture

    By Mr Ethanol | February 7, 2008

    Missouri Valley Times News:
    With President Bush set to deliver his final State of the Union, early indications suggest a speech focused in part on the economic condition of the nation. The president is also likely to focus on ways the country can achieve greenhouse gas reductions while ensuring economic growth. Renewable fuels like ethanol are already achieving both.
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    In an overall environment of slowing economic growth the U.S. ethanol industry stands out in sharp contrast. According to a report set to be released in late February from economist John Urbanchuk of LECG, LLC, the American ethanol industry is a job creating engine. The increase in economic activity resulting from ongoing production and construction of new ethanol capacity supported the creation of 238,541 jobs in all sectors of the economy during 2007. These include more than 46,000 additional jobs in America’s manufacturing sector American jobs making ethanol from grain produced by American farmers. Full article.

    Topics: Ethanol, Industry, News |


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