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New Mexico Adopts Greenhouse Gas Cap-and-Trade Program

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The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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In the first group, 16 awards totaling $435 million will support fully integrated, regional Smart Grid demonstrations in 21 states, representing more than 50 utilities and electricity organizations with a combined customer base of almost 100 million consumers. DOE funding $60,280,000, total project value including cost share $120,560,000).

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DOE Selects 19 Projects to Monitor and Evaluate Geologic CO2 Storage

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Coal supplies nearly 50% of domestic electricity. In order for low-cost electricity from coal-fired power plants to remain available, the DOE said, economical methods for capturing and storing the greenhouse gas emissions from these plants must be developed.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. greenhouse gas emissions. Participating U.S.

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