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Carbon Credits

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<strong>Carbon</strong> <strong>Credits</strong> - Why Now<br />

• Climate change and our nation’s reaction is in the<br />

news<br />

• Renewable Energy issues and higher priced fossil<br />

fuels are related<br />

• <strong>Carbon</strong> prices doubled in 2006 on the CCX, have<br />

remained steady recently<br />

• Iowa Farm Bureau and North Dakota/National<br />

Farmers Union are major aggregators for the CCX<br />

• 2007 Farm bill debate includes discussions of<br />

climate issues and conservation payments

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