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Maine raised nearly $3 million in the nation's second carbon auction, which took place last week, according to a press release from the Regional Greenhouse Gas Initiative.
The 10 northeastern states participating in the auction -- Maine, Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont -- raised $106.5 million from the sale of 31.5 million carbon dioxide emissions allowances to 69 bidders from the energy, financial and environmental sectors, the press release said. The allowances sold for $3.38 apiece. Maine sold 872,506 allowances at the auction.
The first RGGI auction took place Sept. 25 and raised nearly $38.6 million for the six states that offered CO2 allowances for sale. Maine's share of the first auction was $2.7 million. The states will use the funds for energy efficiency and clean energy technologies. For more on what Maine will do with the funds, read "Creditworthy" from the Nov. 3 issue of Mainebiz.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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