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Economist Reports on Possible Ethanol Job Losses

RFA says Congressional action on tax incentives needed to combat potential job losses.

Compiled by staff

Published: Apr 8, 2010

According to additional research by economist John Urbanchuk, Midwestern states would be hit the hardest by job losses if Congress fails to extend key tax incentives for the use and production of ethanol. Urbanchuk's state by state breakdown indicates that 112,000 jobs nationwide would be lost.

Iowa would lose the most jobs, 29,000, and Illinois and Nebraska would each loose nearly 14,000 jobs each. Other states losing a significant number of jobs include: Minnesota, South Dakota, Indiana, Wisconsin, Kansas, Ohio and Texas. Many in non-traditional ethanol producing states like California, Texas, Georgia, Colorado, and Tennessee would also lose jobs. Also, Urbanchuk found that a 38% reduction in U.S ethanol production capacity is likely.

Renewable Fuels Association President Bob Dinneen says that a failure by Congress to extend the expiring tax incentives underpinning the continued growth and evolution of this domestic industry would result in disastrous consequences. According to the report, these jobs include those directly involved in ethanol production as well as all other jobs supported by the impact of the dollars spent by ethanol producers as they circulate throughout all sectors of the economy.

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Economist Reports on Possible Ethanol Job Losses

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