New Report Underscores Importance of RFS

In Iowa alone, the renewable fuels industry created $2.4 billion in income and supported almost 50,000 jobs

WASHINGTON – U.S. Senator Joni Ernst (R-IA) issued the following statement on a report released today that highlights the major importance of the renewable fuels industry and the Renewable Fuel Standard (RFS), which created $2.4 billion in household income and supported almost 50,000 jobs across Iowa in 2017:

“This report confirms what many across the Midwest already know: a strong and robust RFS encourages consumer choice, investment, and innovation; all while reducing our dependence on foreign oil. In Iowa alone, the renewable fuels industry and RFS creates $2.4 billion in income and supports almost 50,000 jobs. The biofuels industry is on the leading edge of the energy sector, and I will continue working tirelessly to protect and defend the RFS which helps grow our economy.”

Read the report here.