POET officials are disappointed with the EPA’s RFS volume levels for 2018 for advanced biofuels and cellulosic ethanol. Both are lower than 2017 statutory levels. Advanced biofuels were 40 million gallons less than in 2017 at 4.24 billion gallons, while cellulosic levels were set at 238 million gallons for 2018. Matt Merritt with POET says that will curtail any progress for the advanced biofuel industry.

He says the EPA needs to give advanced biofuel investors certainty going forward and the best way to do that is through aggressive volume levels.

Merritt says his group will be submitting comments on the 2018 RFS volume level proposal and asking for increased numbers in the final rule.

Merritt says the best opportunity for sustainable growth in the ethanol industry is through advanced biofuels and cellulosic ethanol.