As politicians, government agencies and industry advocates continue to debate the strength of the renewable fuel standard (RFS) that will be in place for 2017, the transportation sector just overtook power plants as America’s biggest climate problem.
ETHANOL IS BETTER FOR THE ENVIRONMENT
- Did you know that the American Lung Association has named E85 an official “clean air choice?”
- Today, U.S. corn ethanol saves 19-48% greenhouse gas emissions compared to average gasoline.
3. A study commissioned by the Renewable Fuels Association (RFA) found that by 2022, corn ethanol will reduce greenhouse gas emissions by 43-60% compared to petroleum.
4. In 2013, biofuels reduced greenhouse gas emissions by the equivalent of taking 7.9 million cars off of the road for an entire year.
ETHANOL REDUCES DEPENDENCE ON FOREIGN OIL
- Ethanol brings increased energy security: in 2013, it displaced $48 billion worth of imported oil.
- The United States remains the world leader when it comes to fuel ethanol production. In 2015, the U.S. produced 14.8 billion gallons of ethanol, while the runner up, Brazil, reached 7.1 billion gallons.
ETHANOL SAVES MONEY
- The January 2016 Clean Cities Alternative Fuels Report, containing national average fuel prices between January 1, and January 15, 2016, shows that ethanol remains the most economical option at the pump.
ETHANOL CREATES JOBS
- The ethanol industry supports over 85,000 direct jobs and more than 300,000 indirect jobs in the United States today.
- They’re well-paying jobs, too: 46% of those employed by the ethanol industry are making over $75,000 annually.
ETHANOL BOOSTS LOCAL ECONOMIES
- Ethanol is a boon to rural economies. In 2015, the Indiana Corn Marketing Council released their 2014 economic impact study, which showed a $207 million increase in household income in Indiana, both directly and indirectly linked to ethanol production.
- Ethanol’s local economic benefits have been well established for more than a decade. In 2002, a report showed that an average 40 million gallon per year ethanol plant will not only provide a one-time boost of $142 million to the local economy during construction, but expand the local economic base of the community by $110.2 million each year through the direct spending of $56 million.
ETHANOL SPARKS INVESTMENT AND INNOVATION
- The ethanol industry makes use of waste. For example, cellulosic ethanol is created from agricultural waste, even wood chips can be used.
Tom Murphy of Novozymes, Dan Sanders and Kurt Felker of Front Range Energy, and Tom Kortuem of Novozymes hold a check for the winning Avantec® Amp bid.
In August 2015 I covered the top 3 reasons why biofuels are better for the U.S., and wanted to broaden that focus and explore the benefits of biofuels worldwide.