POET CEO Bullish on Cellulosic Ethanol

DomesticFuel.com
Posted by Cindy Zimmerman – November 17th, 2009

Cellulosic ethanol pioneers like Jeff Broin of POET are confident about the future of next generation fuels, even if the country fails to reach the Renewable Fuel Standard mandate of 100 million gallons of production next year.

“To be honest with you, that number was picked out of thin air, so the chance that we do or don’t make it is certainly a risk,” Broin said during an interview at the National Association of Farm Broadcasting annual meeting last week. “The industry is moving ahead as quickly as it can. But I think we will gain on that number in the future and I am very, very bullish about the future of cellulosic ethanol.”

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