Green Options » cellulosic biofuel http://greenoptions.com/tag/cellulosic-biofuel Posts tagged 'cellulosic biofuel' Tue, 03 Mar 2009 00:26:35 +0000 http://wordpress.org/?v=2.5.1 en Advanced Biofuels Will Create Thousands of Jobs and Add Billions to U.S. Economy http://gas2.org/2009/03/03/advanced-biofuels-will-create-thousands-of-jobs-and-add-billions-to-us-economy/ http://gas2.org/2009/03/03/advanced-biofuels-will-create-thousands-of-jobs-and-add-billions-to-us-economy/#comments Tue, 03 Mar 2009 00:26:35 +0000 Tom Schueneman http://gas2.org/2009/03/03/advanced-biofuels-will-create-thousands-of-jobs-and-add-billions-to-us-economy/ Thousands of new jobs will be created throughout the economy as advanced biofuel production capacity continues to expand.

This according to the Biotechnology Industry Organization as they presented key findings from a Bio Economic Research Associates (bio-era™) research report entitled U.S. Economic Impact of Advanced Biofuels Production: Perspectives to 2030.

The research analyzed how the growth of the advanced biofuels industry will impact four areas critical for recovery of the U.S. economy: job creation, economic output, energy security, and investment opportunity. The report forecasts that 190,000 new direct industry jobs will be created, with $37 billion dollars in direct economic growth, by 2022. 

The impact throughout the economy could be as much as $148.7 billion, creating 807,000 jobs within the same 2010-2022 period. 

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