energy

Chemical and energy companies are warning the Obama administration that a new proposal on reporting greenhouse gas emissions information could put trade secrets at risk.

The White House is currently reviewing a proposal from the Environmental Protection Agency (EPA) that could require companies to publicly release the information they use to calculate the emissions, like the volume of production or raw materials that are used.

Companies and market regulators worry that that data can be “reverse-engineered and reverse-calculated to basically give away trade secrets,” according to Lorraine Gershman, director of the environmental, regulatory and technical affairs office of the American Chemistry Council.