If 300 million gallons of biodiesel were consumed next year, would there be any environmental or economic impacts to the US?
A 1998 biodiesel lifecycle study jointly sponsored by the U. S. Department of Energy and the U.S. Department of Agriculture concluded that increased use of biodiesel would substantially benefit our national economy. Inclusion of biodiesel, even at very low levels, would immediately incorporate domestically produced fuels as an immediate supplement to our nation”0s current energy security programs at little or no cost to the taxpayer. Increased biodiesel production would result in significant economic benefits to state economies as well as agricultural producers. Increased use of biodiesel also results in significant environmental benefits.