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8/14/2019 10-21-08 POET Letter to Candidates Release - Ethanol
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FOR IMMEDIATE RELEASE
October 21, 2008
CONTACT:Nathan Schock, Director, Public RelationsPhone: (605) 965-6428 Mobile: (605) 759-4802E-mail: [email protected]
FOR IMMEDIATE RELEASEOctober 21, 2008
POET Employees Call on Presidential Candidates to Support American Ethanol
SIOUX FALLS, SD More than 1,700 POET employees and investors sent an open letter to SenatorsMcCain and Obama urging them to invest in domestic sources of renewable fuels, like ethanol. In theletter, they emphasized the positive impact that ethanol has already made in creating jobs, reducing thenations dependence on foreign oil, and helping to reduce greenhouse gas emissions. In addition, theynoted that innovations like cellulosic ethanol are just around the corner, making ethanol even cleaner andgreener.
Based on the enormous response to this letter from POET employees and local farmers, it is clear thatmany Americans will be voting based on their economic and energy interests this year, said Jeff Broin,CEO of POET. Ethanol is Americas best renewable fuel, reliable and affordable now and we hope thatthe next president continues to invest in this homegrown and high-tech energy solution.
As the largest producer of ethanol in the world, POET has 25 ethanol production facilities in seven statesThe 1,700 signatories included more than 800 from ethanol producing states that are still considered tosups in this presidential campaign or are hotly contested, including Colorado, Indiana, Iowa, Minnesota,Missouri, and Ohio.
As is noted in the letter, the ethanol industry created more than 200,000 new jobs across the country and
2007, ethanol production contributed $47.6 billion to the nations GDP and generated $4.6 billion infederal tax revenues. Further, in 2007, the production and use of biofuels helped the U.S. avoid anestimated 13 million tons of greenhouse gases emissions.
Full text of the letter is below.
8/14/2019 10-21-08 POET Letter to Candidates Release - Ethanol
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8/14/2019 10-21-08 POET Letter to Candidates Release - Ethanol
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in demand? Can we as a nation gamble with our security in such a way when we have an alternative at
home?
As you campaign for the votes of Americans across the country, we hope you will consider the importantcontributions of ethanol to helping our nation to bring about a new, more affordable, cleaner, and secureenergy future.
Sincerely,
The Employees and Farmer Investors of POET
About POET
The largest ethanol producer in the world according to the Renewable Fuels Association, POET
is an established leader in the biorefining industry through project development, design and
construction, research and development, plant management, and marketing. The 20-year old
company currently operates 25 production facilities in the United States with one more under
construction. The company produces and markets more than 1.4 billion gallons of ethanol and
350 million tons of distillers grains annually. For more information, go to http://www.poet.com.
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http://www.poet.com/http://www.poet.com/