By: NATHAN STUEDLE
St. Joseph Post
A new study commissioned by Clean Fuels Alliance America shows the U.S. biomass-based diesel industry generated $42.4 billion in economic activity in 2024, supported 107,400 jobs and paid $6 billion in annual wages. According to the report, nearly half of the total economic impact at $19.9 billion and 41,500 jobs—came from fuel production, while oilseed production supported 30,600 jobs and generated $15.3 billion in economic activity, delivering major benefits to soybean-growing states.
Significant employment was also reported in oilseed processing and rendering with more than 21,000 jobs. “The numbers don’t lie; 2024 was a record-setting year for clean fuels, and the benefits reached deep into rural America,” said Donnell Rehagen, CEO of Clean Fuels. “This study proves that biodiesel and renewable diesel not only lower carbon emissions but deliver real income and jobs, especially for soybean producers and the broader agricultural economy.” The study also analyzes a near-future capacity scenario of 7.4 billion gallons, based on publicly announced investments in new or expanded facilities.