Poet LLC, the second-biggest U.S. ethanol producer, will try to persuade a California appeals court the state’s low-carbon fuel standard should be thrown out because its environmental effects weren't adequately studied.
Poet, based in Sioux Falls, South Dakota, lost its lower-court challenge to the California Air Resources Board’s requirement that companies selling transportation fuel in the state reduce their product’s “carbon intensity” by 10 percent in the next seven years.
