Poet Sues California Over Standard on U.S. Ethanol

The Truth About Trade & Technology
Wednesday, 20 January 2010 00:27
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Bloomberg News
By Mario Parker
January 14, 2010

www.bloomberg.com

Jan. 14 (Bloomberg) -- Poet LLC, the largest U.S. ethanol producer, wants a judge to stop California’s plan to ban the use of corn-based ethanol in the biggest U.S. gasoline market.

The company sued the California Air Resources Board on Dec. 23, over its low-carbon fuel standard, which aims to reduce carbon-dioxide emissions. The regulations count the emissions created when corn is planted, harvested and distilled into fuel as part of ethanol’s carbon output.

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