Alto Ingredients Inc (ALTO)

[kel3]

Not Sure

Ethanol Produces Almost Zero Carbon as Fuel,@ 10% Fossil Fuel Replacement x 1 Year(when CA. Cap & Trade Was Signed Into Law)

160 mln Gal. Replacing 160 mln Gal Of Fossil Fuel
= How Many Tons Of Carbon ?

Carbon Credits = 1 Ton Carbon

1 Credit Has Traded for as Much as $20,& as lil as $10
There Is a $10 Floor for Trading

Also,

1 Ton Of DDGS=Value of 1.22 Tons Of Corn Creating Some Credits.

It Must Be Signifigant Value In Credits for Pacific Ethanol to Go
After It from CA. Energy Commission.

They Are Recieving 1 Years Worth Before Nov. 14th Cap&Trade Auction,After that Quarterly.

Maybe More On the Conf. Call

They had Previously Said they Would Know More in Q1 2013
but Auction Was Moved Up from Jan. 2013 to Nov. 14th 2012