POET's involvement in federal and state policy issues.

Trump Lifts Restrictions on Year-round E15 Sales

President Trump announced on Tuesday, Oct. 9, that he will allow year-round sales of E15, fulfilling a promise he made on the campaign trail to support ethanol and responding to the rally cry of farmers and ethanol producers across the country’s heartland amidst the nation’s farm crisis.

“I would like to thank President Trump, on behalf of our 2,000 employees and our 30,000 producers, for fulfilling his promise to the Midwest and our industry,” said Jeff Broin, Chairman and CEO, POET.

Thirty years ago, POET opened its doors as a means to lift one family farm out of the agriculture crisis. Today, we operate 30 biofuel facilities in eight states and support thousands of American jobs across the heartland. Every day, POET produces homegrown renewable energy – keeping our air cleaner and supporting our economy. We help drivers save the environment – while saving money at the fuel pump. POET is also committed to supporting public policies that reflect our passion for innovation and promote America’s continued growth as the world leader in biofuel production. Our mission is to build more sustainable world, from the ground up.

Delivering Year-Round E15

On October 9, 2018, President Donald Trump directed the U.S. Environmental Protection Agency (EPA) to initiate a rulemaking to allow year-round sales of E15 fuel and increase transparency in the Renewable Identification Number market.

Fixing outdated regulations to allow year-round sales of E15 will:

  • Generate considerable fuel savings for consumers
  • Replace harmful toxins in gasoline that contribute to air pollution and health problems
  • Help farmers by driving new demand for America’s surplus grain
  • Reduce dependence on fossil fuel imports from hostile nations
  • Deliver commonsense regulatory relief for fuel retailers

POET is working closely with the Trump Administration, fuel retailers, and agriculture leaders to finalize and approve the new rule allowing year-round sales of E15 before the 2019 summer driving season.

Resetting Renewable Fuel Standard Targets

The Clean Air Act grants the U.S. Environmental Protection Agency (EPA) authority to adjust volumetric targets for renewable fuels established by Congress under certain circumstances. The EPA is expected to use this authority to reset annual volumetric targets for 2020-2022.

As the recognized global leader in both starch-based and cellulosic biofuel production, POET remains committed to ensuring that any new volumetric targets proposed by the EPA serve to strengthen the Renewable Fuel Standard and continue to encourage future growth and investment in homegrown biofuels.

Expanding State Low Carbon Fuel Standards

In an effort to reduce lifecycle greenhouse gas emissions and improve air quality, a number of policymakers are working at the state level to enact or strengthen Low Carbon Fuel Standard (LCFS) programs. These programs are designed to encourage the use of cleaner fuels with lower carbon intensity.

At POET, our environmental mission is central to who we are and what we do. Cleaner-burning renewable biofuels, including mid-level blends like E15 and E30, are the best way for states to achieve their carbon reduction goals. POET continues to partner with policymakers across the U.S. to ensure that the many environmental benefits of biofuels are appropriately recognized and accurately measured in each state’s LCFS program.

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