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Carbon dioxide allowances head for auction
Hartford, Conn. (UPI) Mar 18, 2008 A consortium of Eastern U.S. states will auction carbon emissions allowances this fall in an effort to reduce carbon emissions from power plants. The Hartford (Conn.) Courant said bidding on Sept. 10 will start at $1.86 a ton, with subsequent auctions held quarterly. Power plant operators in the 10 member states will have until the end of 2011 to acquire enough credits to account for all of their carbon dioxide emissions, the newspaper said. The amount of emissions allowed will shrink by 10 percent over 10 years and the number of permits auctioned will be reduced. The Regional Greenhouse Gas Initiative, RGGI, includes Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Hampshire, New York, Rhode Island and Vermont. Community Email This Article Comment On This Article Related Links
US Power Plant CO2 Emissions Register Biggest One-Year Jump Since 1998
Washington DC (SPX) Mar 19, 2008A poor progress report on efforts to rein in greenhouse gases: Carbon dioxide (CO2) emissions from U.S. power plants climbed 2.9 percent in 2007, the biggest single-year increase since 1998, according to new analysis by the nonprofit and nonpartisan Environmental Integrity Project (EIP) of data from the U.S. Environmental Protection Agency (EPA). |
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