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POWERING THE U.S. ECONOMY

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Diesel Powers US Economy

The Diesel Technology Forum released a new economic report, "Diesel Powers the U.S. Economy: Providing High-Paying Jobs, Exports and Long-Term Productivity Gains in the Nation's Fundamental Sectors", authored by Aspen Environmental Group and M.Cubed which quantifies the diesel industry's current contribution to the economy and its evolution as a sustainable, green, high value added industry.

Download Diesel Powers the U.S. Economy: Providing High-Paying Jobs, Exports and Long-Term Productivity Gains in the Nation's Fundamental Sectors.

Download the full report with appendices.


Please view the video below to learn about U.S. reliance on this technology and its ability to support economic growth through high wage jobs, high value exports and highly efficient vehicles and equipment with the Diesel Technology Forum and the report’s prime author, Dr. Richard McCann, Aspen Environmental Group,

Recorded: Wednesday, September 28th, 2011 - 11 a.m. (ET)

Location: National Press Club - Lisagor Room
Washington, DC

Participants:  

Allen Schaeffer, Executive Director, Diesel Technology Forum
Dr. Richard McCann, Aspen Environmental Group (Prime author of the report)

Materials: 

Opening Remarks
Presentations 

Report Details Diesel’s Economic and Employment Value Throughout U.S. Economy

The report includes detailed information on diesel’s economic value and employment impact on the U.S. economy including the following sectors:

  • Agriculture
  • Construction
  • Engine and equipment manufacturing
  • Fuel production
  • Freight (trucking, railroads, ships and marine vessels)
  • Mining
  • Passenger cars and light trucks
  • Public and school bus manufacturing and transportation

Major U.S. Economic and Employment Factors Examined

The report quantifies the diesel industry’s current contribution to the economy and its evolution as a sustainable, green, high value-added industry. Among the economic factors also examined in the report are: 

  • The synergistic relationship between the nation’s economic well-being and the use of diesel technology (The Ceridian-UCLA Pulse of Commerce Index and U.S. Bureau of Transportation Statistics’ Transportation Services Index);
  • The importance of diesel as a cost-effective and energy-efficient power source for the U.S. economy and future economic growth;
  • The 4.5-to-1 positive economic value diesel adds to diesel-reliant industries;
  • Diesel’s unusual U.S.-based industry that has remained largely “home grown”;
  • The important of diesel to U.S. military operations and emergency services;
  • Diesel’s role as a prime source of industrial site, remote and backup power generation.

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