Wednesday, December 19, 2012

This is what government-designed bad-weather-prevention looks like?: "shipping the same load of biodiesel back and forth by CN Rail at a cost of $2.6 million in the summer of 2010"

Biofuel credits behind mystery cross-border train shipments - Canada - CBC News
The mystery of the trainload of biodiesel that crossed back and forth across the Sarnia-Port Huron border without ever unloading its cargo, as reported by CBC News, has been solved.

CBC News received several tips after a recent story about a company shipping the same load of biodiesel back and forth by CN Rail at a cost of $2.6 million in the summer of 2010. It turns out the shipments were part of a deal by a Toronto-based company, which made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.

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