POET Issues Statement on White House Meeting on Biofuels and RVP

POET statement on today's White House meeting regarding biofuels and RVP: "We are pleased President Trump has vowed to cut the unnecessary red tape holding back the rural economy and stop Mr. Pruitt’s rampant abuse of hardship waivers for refiners at the expense of American-made biofuels. 

"It’s clear the President recognizes the many benefits of year-round sales of E15 for consumers and for farmers who are suffering and facing new threats from trade wars overseas.

"It’s disappointing that Ted Cruz continues to push the administration for more legally-flawed bailouts for oil refiners that threaten to destroy the growth of renewable fuels and rural jobs. 

"The Renewable Fuel Standard requires that biofuels are blended into America's fuel supply to fulfill our nation’s environmental, economic and energy security goals."

  • Kyle Gilley, POET Sr. Vice President of External Affairs and Communications