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KEY DRIVER - CARBON AND CLIMATE <br />CHANGE <br />• Clean Development Mechanism in the Kyoto protocols <br />allow emission - reduction projects to earn carbon <br />creel its <br />• Avoided emissions due to composting are accepted <br />• No system is yet in effect in the U.S. — debate on cap - 'a <br />and -trade versus carbon tax 50 <br />• US EPA has performed an economic analysis of ACES Q 40 - <br />(American Clean Energy and Security Act) and made 31 <br />predictions regarding future carbon allowances 10 <br />• Implementation of ACES is estimated to create an <br />incentive for food waste diversion of $7 /Mg initially to <br />over $11 /Mg in ten years <br />a_ I <br />0 5 10 15 <br />vs3's <br />Regression of ER <br />allowance prices <br />