Mr. Ethanol Looks To Future
Mr. Ethanol, Jeff Broin, CEO, POET is looking to the future and a new organization that will help open new markets for the renewable fuel.
I spoke to Jeff at last week’s Project LIBERTY field day and asked him what he thinks about the results of our Presidential election. He says, “President-Elect Obama, is going to be I think very, very strong for ethanol.” In fact, Jeff says that POET had one of Obama’s top advisors on energy at their grand opening in Ohio just a couple weeks ago and she stated that he would like to see the RFS increase to 60 billion gallons which Jeff says, “is a great thing for farmers, it’s a great thing for agriculture, it’s a great thing for ethanol.”
An issue that Jeff says presents a challenge to the ethanol industry is the regulatory cap which limits ethanol to 10 percent of the fuel supply – and the industry is bumping up on it now. He says they need access to more markets. For that reason a new ethanol organization is being formed. “We actually are just in the process of working with many other ethanol producers and several ag companies to create a new organization that’s going to drive that agenda forward.” He says we’ll hear more about it shortly.
You can listen to my interview with Jeff here: poet-liberty-08-broin-2.mp3
You can also download the interview with this link (mp3).
Project LIBERTY Field Day Photo Album
Podcast: Play in new window | Download (2.4MB)
3 Comments »
State of the ethanol nation will be solid, but it’s tough now | Only Hybrids
[...] of those gallons in 2012, for example). This is all good news for POET CEO Jeff Broin, who is quite bullish about his company’s chances, especially with a new President whom he sees as “very, [...]
Phil Colley
I work at GM in biofuels communications and can appreciate what POET and the ethanol producing industry are trying to do with their surplus of ethanol. However, there really needs to be further testing done to see how higher blends of ethanol will impact non-flex-fuel vehicles in the long-term before we make a change to fuel for everyone. GM biofuels implementation manager Coleman Jones has written a guest editorial for EcoWorld.com, which addresses these issues and can be found at the following link http://tinyurl.com/6hgz6k
State of the ethanol nation will be solid, but it’s tough now | Gfeen.com
[...] Jeff Broin, who is quite bullish about his company’s chances, [...]
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