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Monsanto Joins Emissions Trading Program

12:06 PM MST | December 5, 2007 | CW Editorial Staff

Monsanto says it has joined the Chicago Climate Exchange (CCX), the first legally binding emissions trading program in the U.S. for carbon dioxide and other greenhouse gases. As part of the agreement, Monsanto says it will reduce its carbon emissions by 6% below 2000 levels or purchase offsets as specified by the CCX contract. Monsanto says it will also work with farmers to encourage no-till agriculture, which sequesters carbon emissions in the soil. "This concept can be a key part of efforts to reduce greenhouse gas in the air," says Jerry Steiner...

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