CBOT announces launch of corn-based ethanol contract

Hot on the tails of Nybot’s new sugar-based ethanol contract, the ChicagoBoard of Trade will launch a corn-based ethanol contract in the fourth quarterof this year.

Not designed to compete with Nybot’s offering, the CBOT product will mostlyappeal to US producers and worldwide consumers of ethanol, used as an additiveto gasoline to make a cleaner-burning fuel.

Charles Carey, chairman of the CBOT, said there was tremendous growth capacityin the ethanol production market, with expectations it

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ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

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