Impact

Economy

  • Over 10 years, a clean fuels policy like the FFA would generate $946 million in labor income in Minnesota and Iowa. Across these two states, an approach such as the Future Fuels Act would contribute $1.98 billion to the regional gross domestic product (GDP) and generate $10.3 billion in regional economic output.
  • This equates to an annual average of nearly 1,500 jobs and $95 million in labor income, with an annual contribution of over $197 million to GDP.
  • A variety of industries within the region will see beneficial economic impacts from value added to their product, additional labor income and employment, and increased total output due to demand for lower carbon alternative fuels.

Consumers

  • The FFA lets the marketplace innovate and advance how we use cleaner energy.
  • Through the FFA, Minnesota residents and those traveling into our state will benefit by increased access to more transportation fuel choices.
  • Gasoline users and customers could see a total economic benefit of $726 million over 10 years from cost savings due to lower cost fuel blends.

Communities

  • The FFA provides equitable access to clean transportation for all Minnesota communities
  • The FFA contributes to reductions in air pollution and increased health benefits, particularly in areas that have been disproportionately impacted by transportation pollution.
  • The FFA provides economic incentives and market deamand to maximize the value of organic waste, supporting county efforts to achieve recycling goals.

Farmers & Manufacturers

  • The FFA would reduce emissions from transportation fuels and support low-carbon biofuels—w produced from crops grown by farmers in Minnesota.
  • The FFA supports the sale of higher biofuel blends, increasing access to the marketplace.
  • The FFA would invest in innovation and opt-in incentives that support a higher use of climate-friendly agricultural practices, without adding regulatory burden.
  • This would give our farmers an important opportunity to play a key role in defining this energy policy before its defined for them.

Environment

  • The FFA would reduce transportation fuel emissions and support low-carbon biodiesel, allowing Minnesota to cut its carbon intensity in transportation fuels by 20 percent by the end of 2035, adding up to even greater reductions when combined with other policies
  • In addition to reducing GHG emissions, the FFA reduces air pollution attributable to transportation fuels.
  • The FFA takes the right step forward and brings us closer to a future that includes cleaner energy by addressing current fuel usage and providing opportunities to develop additional renewable energy production.
  • The FFA would require a reduction in transportation greenhouse gas emissions but is technology and fuel neutral, rewarding a fuel’s greenhouse gas reduction based on actual performance.
  • The FFA would establish a process for evaluating the lifecycle greenhouse gas emissions from any transportation fuel and allow transportation fuel providers to compete in offering lower carbon fuels at lower cost.