Home Energy States Starting to Realize Economic Benefits of Advanced Biofuels Industry

States Starting to Realize Economic Benefits of Advanced Biofuels Industry

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There are now more than 80 advanced biofuel companies, refineries and related operations located in at least 27 states. That’s according to analysis by Environmental Entrepreneurs. A searchable map and state-by-state breakdown of the companies involved in the advanced biofuels industry is available at the new FuelingGrowth dot org website (www.fuelinggrowth.org). The website provides information on how clean fuel companies are driving economic growth and includes reports on the growth and potential of the domestic biofuel industry, fact sheets about the industry and stories that spotlight American biofuel companies in action. FuelingGrowth dot org also details how advanced biofuels can be produced sustainably without competing with food. 

According to Environmental Entrepreneurs – the biofuel market could be worth more than 60-billion dollars within the next decade and more than 18-thousand jobs could be created by the 26 biorefineries expected to open by 2015. Clean Fuels Analyst at Environmental Entrepreneurs Mary Solecki says we have the resources, the knowledge and the technology to put the country on a path to meet its transportation needs with cleaner fuels. Solecki says the states that will benefit most from this important industry are those that support sound clean fuel policies. The states that ignore this growing economic development opportunity – she says – risk missing out in the future.

In addition to benefiting the economy – Solecki says the clean fuel industry benefits the environment by lowering the carbon content of the nation’s fuel mixture. She says that improves our air quality and cuts the greenhouse gas emissions that lead to climate change. By reducing our dependence on foreign oil – Solecki says the clean fuel industry is also helping bolster our national security.

 

Source: NAFB News Service