Renewable fuels accounted for almost $4 billion in Iowa’s GDP in 2020, report shows
Cedar Rapids Gazette: Iowa’s renewable fuels industry accounted for almost $4 billion or about 2% of Iowa’s gross domestic product in 2020, according to a report commissioned by the Iowa Renewable Fuels Association. The report shows the industry also provided $1.8 million in household income and 37,000 jobs. Biodiesel production increased in 2020, but ethanol production — which accounts for about 88 percent of the 37,000 jobs — faced myriad obstacles.
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