Ethanol.org. Retrieved 1.25.08 – “Economy & Job Creation Benefits The production and use of ethanol benefits our economy on all levels – local, state, and national. From the local communities where the crops are grown and processed to the metropolitan areas where drivers fill up with a domestically produced fuel, American-made ethanol propels the economy.
In its 2002 study “Ethanol and the Local Community”, AUS Consultants and SJH & Company found that:
With an approximate cost of $60 million for one year of construction, an ethanol plant expands the local economic base by $110 million each year.
Ethanol production will generate an additional $19.6 million in household income annually.
Tax revenue for local and state governments will increase by at least $1.2 million a year.
Nearly 700 permanent jobs will be created in the area near an ethanol plant.”
Ethanol’s Impact on the Local Community: Ethanol Today June 2005.
“Ethanol and the Economy” section in Ethanol Research.
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