Gov. Ricketts Proclaims May as Renewable Fuels Month in Nebraska
(KTIC) Today, Governor Pete Ricketts designated the month of May as Renewable Fuels Month in Nebraska during a proclamation ceremony at the State Capitol.
“The biofuels industry has been a key part of growing Nebraska agriculture,” said Governor Ricketts. “Corn-based ethanol and soy biodiesel not only make our air cleaner, but also create jobs, encourage investment in rural communities, reduce our dependence on foreign oil, and help consumers save their hard-earned dollars when filling up at the pump. Filling up with biofuels is not only a financially smart decision, but it is also an investment in Nebraska and our state’s number one industry.”
The biodiesel and livestock industries also work synergistically to benefit Nebraska farmers and ranchers. A healthy biodiesel industry provides nearly $58.5 million a year in aggregate benefits to beef and pork production due to decreased meal expenses and the use of inedible tallow and white grease as a biodiesel feedstock.
“It’s really amazing to see how well our ag sectors work together,” said Nebraska Soybean Board Chairman Tony Johanson of Oakland. “As a farmer, it’s encouraging to see the value biodiesel has added to soybeans. For example, biodiesel adds roughly $0.74 per bushel, and the industry helps support more than 60,000 jobs in the United States.”
Because renewable fuels are produced domestically, they greatly reduce our reliance on imported oil. In 2016, ethanol replaced the need for 540 million barrels of imported crude oil and biodiesel displaced 2.9 billion gallons of imported petroleum diesel. READ MORE