POET CEO Talks About Future Of Ethanol
I know I posted an interview I did with POET CEO Jeff Broin this week but I also recorded his speech to the attendees at their Project LIBERTY Field Day. I thought you would enjoy hearing what he has to say. He starts out pointing to the RFS as a huge opportunity for the ethanol industry and agriculture. He says that legislation is solid and “there’s no risk of that legislation going away.”
He says there is almost a billion tons of ag residue available as biomass to convert to ethanol. That’s the largest source of biomass available for this purpose. He says it’s a little known fact that “over the next 20 years ethanol can almost replace gasoline.” This can be attributed in part to the projected increases in corn yields in the next 10 years.