Conferences
The Renewable Diesel Boom and its Economic Impact on U.S. Agriculture
Maria Gerveni
Summary
The Extension program aims to educate stakeholders about the renewable diesel boom's economic impact on U.S. agriculture. Target audiences include farmers, policymakers, energy industry stakeholders, refiners, producers, and investors. The program, funded by the U.S. Department of Agriculture, provides unbiased educational information through various communication channels such as farmdoc daily articles, YouTube videos, webinars, and social media platforms. The Extension program examines and covers topics like renewable diesel vs biodiesel, policy implications, production capacity, supply and demand trends, and feedstock prices. Webinars and seminars allow for interactive engagement, with pre- and post-event surveys gauging audience knowledge and satisfaction. Evaluation tools include feedback from ERS-USDA economists, pageview monitoring, and social media engagement metrics. The program's benefits are multifold. Farmers gain insight into market dynamics, helping them make informed decisions about crop selection and profitability. Biodiesel and petroleum diesel producers learn about substitution opportunities and investment prospects in renewable diesel facilities. Policymakers receive crucial information for enhancing policies like the Renewable Fuel Standard (RFS) and Low Carbon Fuel Standard (LCFS). Refiners and producers stay competitive by understanding market trends and feedstock usage. Investors are informed about emerging opportunities in renewable diesel production. Continuous improvement is emphasized through feedback mechanisms, ensuring the program remains relevant and effective. By providing unbiased, clear information, the Extension program equips participants with the knowledge needed to navigate the evolving renewable energy landscape, ultimately contributing to informed decision-making and heightened awareness of the renewable diesel boom's implications for U.S. agriculture.
Presentation Materials
Details
| Conference | 2024 Extension Risk Management Education National Conference |
| Presentation Type | Poster |