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The House Edge: Wall St. Exploits Ethanol Credits, and Prices Spike

A little known market in ethanol credits arose after financial institutions amassed millions of them — just as refiners were looking to buy more credits to meet an expanding federal requirement.

    



via NYT > Environment http://www.nytimes.com/2013/09/15/business/wall-st-exploits-ethanol-credits-and-prices-spike.html?partner=rss&emc=rss

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