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SEARCH More than 5,600 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Tue Sep 30 2008: from Associated Press: Nation's first greenhouse gas auction nets $38.5M http://apocadocs.com/s.pl?1222780835 ALBANY, N.Y.—The nation's first cap-and-trade greenhouse gas auction raised nearly $40 million that will be spent by Northeast states on renewable and energy efficient technologies. Under the Regional Greenhouse Gas Initiative, or RGGI, all fossil fuel-burning power plants in a 10-state region are required to buy credits to cover the carbon they emit. The results of the first of a series of quarterly auctions were released Monday. The initiative is viewed as a possible model for a national program to reduce emissions of carbon dioxide, a gas blamed for global warming. [Read more stories about: ] New!: No reader quips yet -- be the first! Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

The ApocaDocs say: Sold! NEXT> More stories: When particles are so small that they seep right through skin NZ firm to microwave forest waste into charcoal (Nation's first greenhouse gas auction nets $38.5M) Dubai warns beachgoers to stay out of sea No driveway carwashes, Wash. state says Want to explore more? Try the PaniCloud!

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