POET Responds to Court Decision on RFS Volumes
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SIOUX FALLS, SD - July 28, 2017: POET CEO Jeff Broin responded to today's decision by the U.S. Court of Appeals for the District of Columbia, which struck down the EPA's methodology for lowering the 2016 volumes under the Renewable Fuel Standard:
 Jeff Broin |
"Congress clearly laid out its vision for increasing our nation's use of American-made biofuels, and the biofuels industry has worked tirelessly to make that vision a reality. We must use every available gallon of clean, domestic biofuels in lieu of importing more oil. It's environmentally responsible; it's economically responsible; it's common sense; and it's the law.
"We hope this decision will help us move past the unjustified resistance to year-round use of E15 by those protecting oil markets and pave the way to the expansion of higher biofuel blends across the United States.
"Biofuels today replace toxic chemicals linked to cancer, developmental disorders and other health issues. Biofuels lower greenhouse gas emissions by at least 43 percent. Today's decision will help to increase those benefits while lowering costs for consumers at the pump."
About POET POET, the world's largest biofuels producer, is a leader in biorefining through its efficient, vertically integrated approach to production. The 30-year-old company has a network of 27 production facilities. POET, through its joint venture with DSM, also operates a commercial-scale cellulosic ethanol plant in Emmetsburg, Iowa. For more information, visit http://www.poet.com.
