Letter: The future of biofuels is filled with obstacles
Opinion by Steve Veverka
February 05, 2022 11:11 AM
Ethanol has been a cornerstone of the Minnesota economy for decades. However, with small-refinery waivers, electric vehicles, and the pandemic hampering the industry, the future of Minnesota biofuels is full of obstacles. Considering ethanol contributes roughly $5 billion to Minnesota’s GDP and supports 12,686 jobs statewide, its viability must remain a top priority.
Fortunately, despite the challenges facing ethanol, there is light on the horizon as producers seek new markets. Consumer trends are evolving across the country, and several states are now willing to pay a premium for low-carbon fuel.
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