Ethanol industry warns of 112,000 jobs at risk

BrighterEnergy.org
Friday March 19, 2010 By James Cartledge

The renewable fuels industry has claimed that unless federal tax incentives for ethanol are extended, 112,000 jobs could be lost.

The Renewable Fuels Association said yesterday that nearly 30% of the industry’s workers could be out of a job if the 45-cents-per-gallon Volumetric Ethanol Excise Tax Credit is not continued.

US ethanol production capacity would be cut by 38%, with the difficulties especially hard for the nation’s rural communities, which are “already haemorrhaging employment opportunities”, the RFA said.

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