Ethanol and the Economy
Ethanol Benefits and Considerations - Alternative Fuels Data Center
According to the Renewable Fuels Association, ethanol production in 2022 accounted for nearly 79,000 direct jobs across the country, $57 billion of the gross ...
Study: Ethanol Industry Generated $54 Billion in GDP, Supported ...
The industry created $32.5 billion in household income and contributed just over $54.2 billion to the nation's gross domestic product—the second ...
New Study: Ethanol Industry's Impact on the U.S. Economy ...
The ethanol industry's contribution to the U.S. economy increased in 2022 as production volumes continued to recover from COVID pandemic ...
It also added $32 billion in household income. ... The nation's ethanol industry supports more than 395,000 American jobs in all sectors of the economy. RURAL ...
Global Demand for Fuel Ethanol Through 2030 - USDA ERS
Ethanol manufacturers use about 40 percent of the U.S. corn crop for ethanol and related co-products, with the majority of the ethanol being ...
economics of ethanol - Purdue Extension
There is also a strong national interest in reducing the dependence on foreign oil, which helps enhance ethanol demand as well. Economic Bottom Line. Figure 1 ...
Economic impact of ethanol industry in the U.S. 2023 - Statista
In 2023, the ethanol industry created approximately 72500 direct jobs and 322000 indirect or induced jobs across the United States.
The U.S. ethanol industry continued to grow in 2023 as the economy improved and the regulatory environment was relatively benign.
Ethanol and the Economy - Iowa Renewable Fuels Association
Be informed on how the state of Iowa contributes to the renewable fuels industry. The IRFA educates U.S. citizens about the ethanol industry on a daily ...
Ethanol Benefits - North Dakota Department of Commerce
Demand for grain from ethanol production increases net farm income more than $1.2 billion a year. The resulting boost in the agricultural economy cuts farm ...
Ethanol: Economic and Policy Tradeoffs - USDA ERS
Ethanol: Economic and Policy Tradeoffs ... Federally supported ethanol use is one alternative for meeting environmental, energy security, and agricultural ...
Economy - Minnesota Bio-Fuels Association
The ethanol industry plays an important role in Minnesota's economy, contributing $2.5 billion annually to the state's gross domestic product (GDP).
Economic contribution of Minnesota's ethanol industry: 2023
Minnesota's ethanol industry generated an estimated $182.9 million in state and local tax collections in 2023.
The most significant economic problem facing ethanol producers and consumers during 2022 was inflation, which reached a 40-year high of 8 ...
Ethanol Fuels Economy - Nebraska Farm Bureau
Ethanol production in 2020 resulted in an overall economic impact on the state of $4.41 billion making it the third-largest agricultural industry behind corn ...
Ethanol Impacts | Agricultural Economics
Nebraska ethanol production peaked in 2019 at 2.253 billion gallons. Due to the COVID-19 pandemic, output fell to 1.847 billion gallons in 2020. Overall, the ...
Ethanol: Economic Gain or Drain? | St. Louis Fed
Ethanol production has increased by an average of almost 22 percent per year from 2000 through 2007, as seen in the figure below.
10.2 Ethanol Production and Economics | EGEE 439 - Dutton Institute
The major feedstock for ethanol has been coarse grains (ie, corn). Second-generation ethanol (from cellulosic biomass) is around ~7% of the total ethanol ...
Chapter 18 - Ethanol Economy: Environment, Demand, and Marketing
A brief overview of global ethanol production and price trends, ethanol use, and main producers and consumers is presented.
Energy in 2020: assessing the economic effects of ...
Tis report assesses the impact of cellulosic ethanol production from a U.S. economy-wide perspective. Te report uses a computable general equilibrium model ...