CO2 allowance auction set for September 25

first_imgGovernor says first RGGI auction date is set for Sept. 25CO2 allowance auctions will help drive innovation, produce cleaner energyMONTPELIER – Governor Jim Douglas has announced that Vermont and the Regional Greenhouse Gas Initiative have released preliminary guidelines for the nation’s first-ever carbon credit auction on Sept. 25.The guidelines outline requirements and preparations bidders must follow to be ready to purchase their share of nearly 12.5 million carbon emission allowances at the first auction.”The stage is set for Vermont and nine other states to take unprecedented action and lead the nation on a path of economic and environmental security through reduced use of fossil fuels like oil,” Douglas said. “This is an important milestone as Vermonters struggle under the burden of the federal government’s failure to lead on fundamental energy and environmental issues.”The Sept. 25 auction is expected to include allowances from Vermont, Connecticut, Maine, Massachusetts, Maryland and Rhode Island. Other RGGI states will offer allowances for sale in future auctions as they complete their necessary rule-making procedures.RGGI is the first program in the country to cap and then reduce CO2 emissions from power plants. Participating states have agreed to stabilize CO2 emissions from 2009 to 2014, and then gradually reduce emissions beginning in 2015. Emissions from the power sector for RGGI states totals about 7 percent of the U.S. power sector emissions, according to the U.S. Energy Information Agency.The market-based mandatory program will cost-effectively reduce the pollution that is causing global warming while investing in efficient technology, Douglas said. “The result for Vermonters is the potential for new green jobs and cleaner energy.”The materials released today, online at www.rggi.org(link is external), provide a preview of auction applications and procedures for bidders participating in the first of two early auctions to be held this year.###last_img read more

4 ways to get yourself fired up about saving money

first_img 39SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Staying motivated isn’t easy, especially when it comes to financial matters. Between our jobs, families and social obligations, it can be difficult to keep our finances in order. Luckily, there are some simple things you can do to help keep yourself motivated and in good financial shape.1. Set Goals for the Long-Term & the Short-TermGoal setting is a huge part of maintaining financial motivation, but a lot of people fall into the trap of only setting lofty, long-term goals. While there is certainly nothing wrong with wanting to retire at 50 or pay off student loan debt in three years, setting a finish line too far into the future could make it harder to stay motivated on a day-to-day basis. Incorporating some short-term goals into your financial planning can help you generate more frequent satisfaction and fuel your long-term aspirations. You can monitor your financial goals (like building good credit) for free on Credit.com. continue reading »last_img read more

UL Students Elated over Green Light for Graduation

first_imgSome Jubilant Students at the Fendall Campus of the UL Following the Issuance of Final ClearancesThe Fendall campus of the University of Liberia was a scene of wild elation as students of the state-run university received their final clearances for graduation in December of this year.The process, which started in early October with a vigorous revision of applications from prospective graduates, was concluded and approved with the issuance of final clearances that began on Wednesday, November 1.The graduation will see over two thousand students walk out of the halls of the UL with degrees in various disciplines from all seven of the undergraduate programs as well as graduate and professional schools of the university.Some of the students said despite the many challenges, their stay at the University has been a very memorable one, stressing that they would forever remain proud to be products of the UL.“I am overly excited that I will this year be leaving the walls of this great university. This is a dream come true and something I have long wished for. Thanks to God that this dream will be finally realized this year,” said Patience Sackie.“Today is the most joyous of my life. I am so excited because this is my biggest academic achievement as a student. I hope and pray that by His grace, I will ascend to higher heights in my academic pursuits,” added Momo Kamara.This year’s graduation will mark the 98th commencement convocation of the UL and is the first since the appointment of Dr. Ophelia Inez Weeks as its president.Dr. Weeks was inducted into office last September following the retirement of Dr. Emmett Dennis. She is the UL’s14th and the second female president after Madam Antoinette Brown Sherman.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more