Comment on Renewable fuels accounted for almost $4 billion in Iowa’s GDP in 2020, report shows

Renewable fuels accounted for almost $4 billion in Iowa’s GDP in 2020, report shows

Iowa’s renewable fuels industry accounted for almost $4 billion or about 2 percent of Iowa’s gross domestic product in 2020, according to a report commissioned by the Iowa Renewable Fuels Association.The report, written by Agriculture and BioFuels Consulting’s John Urbanchuk, shows the industry also provided $1.8 million in household income and 37,000 jobs.Biodiesel production increased in 2020, but ethanol production — which accounts for about 88 percent of the 37,000 jobs — faced myriad obstacles.Decreased fuel consumption during coronavirus, the U.S.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News