Regional Cap and Trade Program Rewards Maine with $2.7M
Maine's environmental stewardship is paying off with cleaner skies and cold, hard cash. Here is the full announcement from Maine's Department of Environmental Protection:
Today, state officials learned that Maine will receive more than $2.7 million from 4th RGGI Auction, part of a regional cap and trade program used to regulate greenhouse gases. In all, Maine has earned a total of more than $11.6 million since the first auction in September of 2008. The money will benefit consumers in Maine through investments in energy efficiency and programs that reduce energy costs.
“RGGI” stands for the Regional Greenhou....
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Carbon credits
California CalEPA Secretary Linda Adams, signed a MOU with the UN in China on earth day. China gets about 50% of the world carbon tax and the China government gets a 50% tax of the credits.
** China goods and services may increase
** We pay the carbon tax and Pew Business Environmental Leadership Council (BELC) Member Companies: ABB, Air Products, Alcoa Inc., American Electric Power, Bank of America, BASF, Baxter International Inc., The Boeing Company, BP, California Portland Cement, CH2M HILL, Citi, Cummins Inc., Deere & Company, Deutsche Telekom, The Dow Chemical Company, DTE Energy, Duke Energy, DuPont, Entergy, Exelon, GE, Hewlett-Packard Company, Holcim (US) Inc., IBM, Intel, Interface Inc., Johnson Controls, Inc., Lockheed Martin, Marsh, Inc., Novartis, Ontario Power Generation, PG&E Corporation, PNM Resources, Rio Tinto, Rohm and Haas, Royal Dutch/Shell, SC Johnson, Toyota, TransAlta, United Technologies, Weyerhaeuser, Whirlpool Corporation, Wisconsin Energy Corporation and friends may all share in the public/private partnership of corporate and NGO welfare
Free carbon credits
A random "Smog Check" inspection & repair "secret shopper", ethanol cap and elimination of dual fuel CAFE credit can cut California car impact over 50% in 2010. (Prevent Over 2000 tons per day of sulfur, HC, NOx & CO2.) Improved performance of AB32 at reduced cost. (support H.R. 1207)