How to Capitalize on Biofuels Growth

Biofuels, energy security, ethanol, carbon pipelines, octane ratings — the topics surrounding the renewable fuels conversation go on and on. But taking a step back from the hot topics, how do farmers benefit from getting involved in the biofuels industry?

American farmers have a great opportunity to make the nation more self-sufficient in energy while gaining additional farm income. Biofuels are defined by the U.S. Department of Energy as liquid transportation fuels that substitute petroleum products such as gas or diesel. Ethanol and biodiesel are made from agricultural crops in a process where plant biomass is pretreated, fermented and distilled.

Ethanol plants in 2024 brought more than 55,000 jobs to the nation, with an additional 258,000 indirect jobs in sectors of the economy, according to the Renewable Fuels Association. The industry created $28.3 billion in household income and added $53 billion to the nation’s gross domestic product.

Clean Fuels Alliance America says that clean fuels usage will exceed 6 billion gallons by 2030 in ground, air, marine and rail transportation.

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