“A train carrying biodiesel crisscrossed the Canada-US border repeatedly without unloading its cargo, exploiting a loophole in a US green energy program. The EPA mandates that oil companies must bring a certain amount of renewable fuel to the US market. Verdeo retired an equivalent number of credits generated from ethanol production that were worth pennies compared to biodiesel credits that traded as high as one US dollar apiece when it turned the train around. A dozen back-and-forth railway trips across the border reportedly cost Can $2.6 million but would have generated biodiesel credits worth US $12 million.”
http://www.rawstory.com/rs/2012/12/19/canada-probes-scheme-to-exploit-u-s-energy-program/
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