POET Shows Support For EPA Decision to Maintain Point of Obligation

Sioux Falls, SD - Nov. 22, 2017 - POET CEO Jeff Broin today responded to the EPA’s decision to maintain the current point of obligation under the Renewable Fuel Standard.

“By maintaining the point of obligation for the Renewable Fuel Standard (RFS), the EPA is allowing the system to continue to work as designed. 

"Under the RFS, infrastructure for biofuel-blended fuel is expanding, with opportunities for additional consumer-driven growth.

“The RFS works, evident from the numerous benefits it allows Americans to enjoy today: cleaner air, fewer carcinogens in gasoline, lower fuel costs and increased energy independence. President Trump has vowed to preserve the RFS. 

"I applaud the President and EPA for standing up to special interest groups within the oil industry who seek to undermine American-made biofuels.”

For more information, please contact Matt Merritt at 605-965-2225 or matt.merritt@poet.com