Biodiesel industry study shows support to nearly 48,000 jobs nationwide

In Missouri, nearly 100 biodiesel industry leaders are converging on Capitol Hill June 28 to call for strong clean-fuels policy as a new study found that the industry is supporting nearly 48,000 jobs nationwide.

The study, conducted by LMC International, found that the 2.1 billion gallons of biodiesel and renewable diesel used by Americans last year supported $8.4 billion in economic impact across a wide variety of economic sectors along with 47,400 jobs and $1.9 billion in wages paid.

The report also highlighted how growing biodiesel imports are eating into the domestic industry’s production and economic impact. It found that the industry would have supported 21,200 additional jobs last year if all the biodiesel and renewable diesel had been produced domestically. Instead, almost a third came from overseas.