Readers who have been keeping up with the ongoing push for the Biodiesel Tax Credit (BTC) renewal or the discussions
around the Renewable Fuel Standard (RFS) are probably familiar with the number “64,000.” That’s the amount of jobs directly attributed to the biodiesel industry in 2016, cited frequently by biofuel proponents. As of 2018, that number has grown significantly.
According to the International Renewable Energy Agency’s Renewable Energy and Jobs – Annual Review 2019, U.S. biodiesel output rose 16% in 2018, driving employment to “a new peak of 72,300 jobs.”
The U.S. is the world’s leading biofuels producer, thanks not only to biodiesel, but also a healthy and growing ethanol industry. Furthermore, while wind and solar energy also continue to gain traction, it’s actually biofuels that account for the largest number of renewable energy jobs in the U.S., with 311,000 total compared to 242,000 jobs in solar and 114,000 in wind energy.
It’s important to keep in mind that the biodiesel numbers should rise even higher when the BTC is renewed and the RFS calls for additional increases in production. In other words, even though the latest numbers show an increase of more than 8,000 jobs in just two years, this is only the beginning. Those who need an indicator that biodiesel will be a key player in the growing renewable energy economy need look no further.
Click here to read IRENA’s 2019 report.