RGGI States’ First CO2 Auction Completed
The states participating in the Regional Greenhouse Gas Initiative (RGGI) this week announced that the auctioning of carbon dioxide (CO2) emissions allowances in North America is off to a strong start. All of the 12,565,387 allowances offered for sale on September 25, 2008 were sold at a clearing price of US $3.07 per allowance.
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RGGI States’ First CO2 Auction Completed
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Rhode Island Chooses Deepwater Wind to Build Off-Shore Wind Farm
Rhode Island Governor Donald Carcieri announced last week that Deepwater Wind was chosen as the developer to construct a wind energy project off the shores of Rhode Island that could provide 1.3 million megawatt-hours (MWh) of electricity per year, 15 percent of all electricity used in the state. It is expected that the project will cost more than US $1 billion to construct, with all the capital coming from private investment sources.
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Report: Global Green Job Market Expected To Explode
Last week four international organizations released a report on the global impact of the green economy. The report, entitled Green Jobs: Towards Decent Work in a Sustainable, Low-Carbon World, says that millions of new green jobs will be created across the globe in the coming decades around efforts to mitigate climate change.
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Report: Global Green Job Market Expected To Explode