Vermont earns $620,000 in first quarterly sale of carbon credits

first_imgGovernor announces results of RGGI auction: Vermont earns $620,000 in first quarterly saleTotal earnings could exceed $3 million in first year; Funds used to reduce energy bills and create ‘green’ jobsMONTPELIER – (Septeber 29, 2008) Governor Jim Douglas today released the Vermont results of the first auction of carbon dioxide (CO2) emission allowances in North America, saying Vermont sold all its 202,000 allowances at a clearing price of $3.07 per allowance.”This is outstanding news for Vermont,” the Governor said. “This will help us create more and better paying green tech jobs, lower Vermonters’ energy bills and reduce greenhouse gas emissions.”Vermont will auction 1.2 million carbon allowances each year, and at current prices, could earn almost $3.7 million annually to fund energy efficiency and green economy jobs.”I am very proud that we were the first state to sign on to the Regional Greenhouse Gas Initiative (RGGI),” Douglas said. “RGGI is a crucial piece of the climate change puzzle because it allows Vermont to lower its carbon footprint, tackle energy costs and stimulate our economy.”Six states – Vermont, Connecticut, Maine, Maryland, Massachusetts and Rhode Island – auctioned a combined 12.5 million allowances for $38.5 million in the Sept. 25 sale. The Regional Greenhouse Gas Initiative, or RGGI, reported that 59 participants from the energy financial and environmental sectors took part in the first-in-the-nation auction, indicating a strong start in the first of many CO2 allowance auctions.Vermont will invest those funds in energy efficiency and renewable energy technologies and programs to benefit energy consumers, including research and technology to curb carbon emissions. The Public Service Board will appoint trustees to oversee the RGGI proceeds. The Department of Public Service will make recommendations to the Board and its trustees for programs and activities such as weatherization, pursuing renewable energy and improving energy efficiency.”The 10 RGGI states have demonstrated great leadership in coming together to offer this first carbon cap-and-trade system, and the smooth completion of the initial auction is proof that the RGGI partners are leading the nation in the battle against climate change,” said Jonathan Schrag, Executive Director of the Regional Greenhouse Gas Initiative, Inc. “RGGI’s example shows that an open and competitive carbon market can be implemented elsewhere.””The first RGGI auction has successfully used market forces to set a price on carbon, and this will send a clear market signal to support the investment in clean energy technologies,” Schrag added.Any CO2 allowances purchased at the first auction can be used by a regulated facility for compliance in any of the RGGI states, even if that state did not offer allowances in the first auction.The next allowance auction is set for December 17, 2008. These early auctions, combined with the others being held in the first compliance period, will ensure an ample opportunity for bidders to obtain the allowances they will need for compliance across the entire 10-state region. RGGI intends to hold quarterly auctions during the first RGGI three-year compliance period, which will be from January 1, 2009 to December 31, 2011.About the Regional Greenhouse Gas InitiativeThe 10 Northeast and Mid-Atlantic states participating in RGGI have designed the first market-based, mandatory cap-and-trade program in the U.S. to reduce greenhouse gas emissions. The states have committed to cap and then reduce the amount of CO2 that power plants in their region are allowed to emit, limiting the region’s total contribution to atmospheric greenhouse gas levels.Under the RGGI process, the 10 participating states will stabilize power sector CO2 emissions at the capped level through 2014. The cap will then be reduced by 2.5 percent in each of the four years 2015 through 2018, for a total reduction of 10 percent.The 10 states participating in RGGI are Vermont, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Hampshire, New York and Rhode Island.For more information about RGGI, turn to: http://www.rggi.org(link is external)last_img read more

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One of Brisbane’s 10 highest homes takes luxury to a new level — and it’s not where you might think

first_img6 Pine Mountain Court, Carina Heights, is for sale.THINK of luxury property in Brisbane and Carina Heights probably doesn’t spring to mind.In fact, you might think a house of this calibre might be more at home on Hamilton Hill, but think again.Tucked away in an exclusive, elevated enclave high above the city, 6 Pine Mountain Court is possibly Brisbane’s best kept secret.One of the top ten highest houses in the city, according to local real estate agents, it sits some 80 metres above sea level, boasts 180 degrees of uninterrupted views and is one of only 11 homes in the street.6 Pine Mountain Court, Carina Heights, is for sale.James Curtain of Place Estate Agents, who is offering the home to the market, said houses of that scale in Brisbane were rare, and it was even rarer to find them in suburbs like Carina Heights.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:08Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:08 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Dream Home: Buderim02:08 Related videos 02:08Dream Home: Buderim00:32Mediterranean style mansion with wine cave02:10Dream Home: Manly01:31Lana’s Dream Home: favourite rooms01:19Dream Home: Buderim Qld01:36Dream Home: Brookfield“It’s incredibly high,” he said.“This small cluster of homes isn’t indicative of Carina Heights.“It’s almost its own little world up there.”And it’s been owner Nick Valente’s world for the past 26 years.The retired local builder bought the 1416sq m hilltop block in 1991 for $325,000 from Crazy Clark’s discount store founder, Robert Clark, after falling in love with the view.Eight years later, he started building his palatial residence based on a timeless design inspired by architect Harry Seidler.6 Pine Mountain Court, Carina Heights, is for sale.The sprawling 1000sq m home boasts an unbelievable 40 metre northeast facing frontage, allowing uninterrupted views across Brisbane’s CBD, the Glasshouse Mountains, Moreton Island and North Stradbroke Island.You can even see the lights of Dunwich at night.It’s this view that Mr Valente will miss the most.His favourite spot in the house is the kitchen, where he can savour his surroundings while cooking up a storm.Google ‘How to pick up girls with a plate of a spaghetti’ and you’ll get a taste of Mr Valente’s passion for Italian heritage — almost as strong as his passion for this property.“My kids call me a loser, but I like seeing the planes taking off and the storms rolling in,” he said.Now his three daughters have grown up and flown the coup, Mr Valente says it’s time to downsize.More from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours ago“The reality is, I don’t want to be stuck in a 1000sq m house for two people,” he said.It is easy to get lost in the mass of marble tiling, glass and polished bamboo that moulds this fine home.But let’s start with the centrepiece of the house — a stainless steel staircase, which according to Mr Valente, took 300 hours of polishing to achieve its mirror-like lustre.6 Pine Mountain Court, Carina Heights, is for sale.It makes for quite an entrance at the middle level of the home, where the lounge, dining room and kitchen await.A separate guest wing, providing five star accommodation, also exists on this level.Friends or family can stay in style with not just a bedroom and ensuite, but also their own private balcony, lounge, sitting room and kitchen.6 Pine Mountain Court, Carina Heights, is for sale.Climb the staircase to the top level and behold the luxurious master suite, complete with custom walk-in dressing room and marble tiled ensuite with spa.This is no ordinary bedroom — the bed has its own stage and directly faces the windows so you can wake up with a 180 degree view.6 Pine Mountain Court, Carina Heights, is for sale.Another three bedrooms are on this level, all with direct access to the north facing balcony and those unbeatable views.The ground level is an entertainer’s paradise, including a lounge with adjoining bar featuring granite benchtops and Miele appliances.Sliding glass doors run the length of the living area, and when opened merge the enclosed deck with the uniquely shaped saltwater pool, which appears to hang from the hilltop.6 Pine Mountain Court, Carina Heights, is for sale.There’s plenty of room in the six-car garage to park your toys and room for a further three on the driveway.And for those who appreciate indoor indulgences, there’s a fully equipped home cinema with tiered seating and surround sound system.6 Pine Mountain Court, Carina Heights, is for sale.Mr Curtain said the property had attracted interest from members of the medical profession and a number of entrepreneurs.“Apart from the view, the scale of the home is attracting interest and the construction is superior,” he said.last_img read more

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Jason Garrett: ‘No truth’ to reports Cowboys trying to coax Jason Witten out of retirement

first_imgMultiple reports say Dallas has tried to coax their former tight end Jason Witten out of retirement this season.The 36-year-old Witten has said he’s committed to his new career as a broadcaster. Cowboys head coach Jason Garrett finally addressed the rumors Monday, denying that an effort to sign Witten ever existed. Jason Garrett on the report that he had talked to Jason Witten about a possible return to playing for the Cowboys this season: “There is no truth to that story.”— Jon Machota (@jonmachota) December 10, 2018For now, both parties seem perfectly content without each other. Witten gave the Cowboys 15 strong years, but he decided to step away from playing professional football. Amari Cooper has helped reinvigorate the Cowboys’ passing game, so it’s unlikely they’ll be looking to make any changes. Related News The Cowboys, who have sole ownership of first place in the NFC East, will look to extend their winning streak to six games against the Colts next Sunday at 1 p.m. ET. Cowboys top Eagles in OT behind stellar performance from Amari Coopercenter_img Cowboys tried to bring Jason Witten out of retirement, report says “There is no truth to that story,” Garrett said (via Jon Machota of the Dallas News).last_img read more

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