POET Criticizes EPA's Proposal For 2017 Renewable Volume Obligations

Date Posted: May 18, 2016

Sioux Falls, SD - May 18, 2016 - POET CEO Jeff Broin today responded to the EPA’s proposed rule on the 2017 Renewable Volume Obligiations under the Renewable Fuel Standard.

“While the proposed numbers from EPA are trending in the right direction, they once again fail to acknowledge the existing capabilities of the biofuels industry and fuel retailers in meeting the goals of the Renewable Fuel Standard.

“Congress called for 15 billion gallons of ethanol from corn starting in 2016.

"The industry is capable of meeting that goal not just in 2017 but right now, today.

"Similarly, the infrastructure exists to get these clean fuels to market.

"The EPA is preventing this industry from meeting its potential and endangering the expansion of cellulosic ethanol.

“EPA’s core mission is to protect public health and the environment.

"Today, with this proposed rule, it has failed that mission.

"Biofuels replace cancer-causing agents in gasoline and reduce greenhouse gas emissions.

"The only way to expand these benefits is to allow the market to grow.

"Consumers deserve the right to choose higher blends of biofuels like ethanol at the pump.

“The EPA must amend these numbers to reflect the full volume for corn ethanol use laid out in statute.”

For more information, please contact Matt Merritt at 605-965-2225 or [email protected]

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