POET responds to EPA decision to maintain point of obligation

In South Dakota, POET CEO Jeff Broin 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 RFS, the EPA is allowing the system to continue to work as designed,” Broin said in their press release. “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.”