Clean Fuels Alliance America last week wrote a letter to President Joe Biden and other administration officials highlighting the biodiesel and renewable diesel industry’s contribution to job growth in the clean energy sector and asking them to support tax policy that encourages continued industry growth.
“The clean fuels industry increased production during 2021, making an essential contribution to the nation’s fuel supply. Our industry plans to continue increasing production this year,” the letter states. “The domestic production of low-carbon biodiesel and renewable diesel provides good-paying jobs, adds value for America’s farmers, lowers prices at the pump by extending the energy supply, and reduces carbon emissions on average by 74% compared with petroleum diesel.”
The recent United States Energy & Employment Report 2022 shows that the clean fuels industry added jobs in 2021 at a rate of 6.7% and anticipates continued job growth of 5.8% in manufacturing during 2022. Additionally, a recent study from the World Agricultural Economic and Environmental Service showing that U.S. biodiesel and renewable diesel production generated a 4 percent decrease in the price of diesel fuel in 2021 – a saving of $0.22 a gallon at current fuel prices.