Cutting VEETC would mean lost jobs

Ethanol Producer Magazine
April 2010
By Holly Jessen
Posted March 23, 2010

If the ethanol tax incentive isn’t extended at the end of the year it will have serious consequences to jobs, ethanol production and more, according to a report that came out late last week.

The report, prepared for the Renewable Fuels Association by John M. Urbanchuk of Entrix Inc., says that more than 112,000 jobs would be lost, including jobs created directly by ethanol production, and jobs supported by economic activity generated by the industry. This would mean a reduction in household income by $4.2 billion dollars. “It is important to note that this economic loss will be disproportionately felt by largely rural communities where ethanol plants are located and supply the grain, utilities, labor and other services needed to produce ethanol,” wrote Urbanchuk, a technical director for Entrix, an environmental and natural resource management firm.

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