“This new analysis shows that the Bioincentive Program is working to make Minnesota an attractive place for the industry to invest and those investments have an incredible multiplier effect on the economy and jobs base,” said Brendan Jordan, vice president of transportation and fuels at the Great Plains Institute (GPI). “The multibillion-dollar economic impact is at risk because the incentive is being underfunded in the Minnesota Legislature. Companies are making investments based on the incentive formula written into state statute, but that could end if the state does not live up to its commitment. In this uncertain time, we need to make sure that we invest in what works to preserve jobs and stabilize the economy for what lies ahead.”
Thank Great Plains Institute for the Post!
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