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Tougher air standards OK'd by Northeastern states

2013-02-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New Haven Register: Connecticut and the eight other Northeastern states that take part in the Regional Greenhouse Gas Initiative (RGGI) on Thursday announced they have agreed to new standards that will further reduce air polluting emissions. RGGI is a market-based program designed to reduce greenhouse gas emissions that was created in 2007, and Thursdays announcement by the nine states that participate comes after a two-year review of the existing standards and what implementing more stringent measures might mean....

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States Group Calls for 45% Cut in Amount of Carbon Emissions Allowed

2013-02-08 03:49:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Regional Greenhouse Gas Initiative, the countrys first regional system for capping carbon emissions and creating a market in carbon allowances, proposed a fundamental change on Thursday to increase electrical utilities incentive to cut emissions from fossil-fuel plants by raising the cost of compliance. The regional group proposed a 45 percent reduction next year in the total carbon dioxide emissions allowed. The cut is not as draconian as that number suggests, however, because the new total...

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States announce deal to cut greenhouse gasses

2013-02-07 18:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Nine northeastern and mid-Atlantic states agreed Thursday to strengthen existing limits on carbon dioxide emissions from power plants that burn fossil fuels. The new rules announced by the Regional Greenhouse Gas Initiative would lower the cap on carbon dioxide emissions from the current 165 million tons to 91 million tons in 2014 a 45 percent reduction from 2005 levels. The cap would be lowered an additional 2.5 percent per year from 2015-2020. The RGGI cap-and-trade program is the nations...

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Mass., eight other states to sharply cut power plant carbon dioxide emissions

2013-02-07 15:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Boston Globe: Massachusetts and eight other Northeast states are nearly halving the amount of carbon dioxide power plants are allowed to emit - a dramatic reduction that is expected to bring in hundreds of millions of dollars to the state while combatting global warming. The revision of the Regional Greenhouse Gas Initiative agreement comes four years after the nine-state program first put in place a cap aimed at curbing emissions of the key heat-trapping gas in order to slow manmade climate change. "This...

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United States Steel Looks Like a Steel

2013-02-07 14:39:13| Steel - Topix.net

With shares down from a long-term perspective and a current technical setup offering low-risk entry, this stock has big potential to capture profits.

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