VOLUNTARY CLIMATE EXCHANGE MAY OFFER EMISSIONS CREDIT FOR ETHANOL

The Chicago Climate Exchange (CCX), a voluntary emissions trading market, may develop a novel program to award credit for ethanol use or production to offset greenhouse gas emissions from industry, in a move that is likely to prompt questions over how to calculate the climate impacts of ethanol use. Richard Sandor, CCX chairman and CEO, said in a May 18 discussion with reporters that the exchange is looking at methodologies for awarding greenhouse gas credit to biofuel projects, including ethanol...