Monday Jul 24, 2023
29. Corn’s role in the energy transition
Renewable fuels and oils – those made from plants – are expected to grow more than tenfold in the next decade in the U.S. alone. Today’s guest is a veteran of the industry and has a unique view of the role plants and agbioscience can and will play in the energy transition. Doug Berven, Vice President of Corporate Affairs at POET, join us to talk about the company’s evolution from family farm struggling to make it to 35 years later being the largest bio-processor in the United States -- and the largest biofuels producer in the world.
Doug also talks about the opportunity at the intersection of biofuels and fossil fuels, electrification’s role in the energy transition and getting more resources from the surface of our land rather than from the center of the Earth. He also talks about the potential for agriculture globally being currently untapped, creating market conditions for countries dependent on agriculture to succeed with biofuels and our ability to feed the world (and then some) while also reducing greenhouse gas emissions and fighting climate change through the production of biofuels.
What can we learn from ethanol’s emergence in the early 2000s? Doug dives into its rejuvenation of rural America, expanding that impact globally and what’s ahead for this growing piece of the agbioscience economy (including the opportunities for decarbonization).