Green Plains CEO Challenges Environmentalists on Corn Ethanol - GreenTech Media
Article by Herman K. Trabish
Attention, Union of Concerned Scientists, Sierra Club and other environmental advocates: Green Plains Renewable Energy (GPRE) CEO Todd Becker wants you to come to his Iowa corn ethanol plant.
"We are vilified as an industry," Becker said. "We'll show them what we do and let them make their own decision."
GPRE is the fourth biggest U.S. ethanol producer and 621 on Fortune's list with $3.5 billion in 2013 revenues, ten refineries, 790 million gallons of capacity and 600 employees.
As mandated by the Renewable Fuel Standard (RFS), ethanol is 10 percent of the annual 135 billion gallons of light duty oil-based gasoline sales, despite the lapsing of the ethanol tax credit.