blending limit raised (E 1 0 to E15) • Cellulosic biofuels cannot meet higher RFS due to technical hurdles + high cost of new plants ($5/gal). • Cygnet's technology increases production yield by 20 - 25%, generating $0.30 -$0.35/gallon of incremental margin ($16.25 M per annum at 50 MGPY faceplate).