Energy and Clean Tech Connections - September 2008


In the September edition of Mintz Levin?s Energy and Clean Tech Connections, we?ve gathered recent information from a wide variety of sources in an effort to keep you abreast of what?s new in the world of clean energy. We draw your attention to the latest industry developments, news from Beacon Hill to Capitol Hill, grant opportunities, and upcoming events.

This month the Regional Greenhouse Gas Initiative (RGGI) will be holding its inaugural auction of carbon dioxide emissions allowances. RGGI is a mandatory, market-based program among ten Northeastern and Mid-Atlantic states to cap and then reduce CO2 emissions from the power sector by 10% before 2019. Participating states require allowances to be purchased for each ton of carbon dioxide emitted; allowances will be sold through a series of uniform,

regional auctions. The first auction will be held on September 25, 2008. For more information, we refer you to a report issued by Environment Northeast analyzing emissions trends and their potential impact on the inaugural auction.

We hope that you enjoy this month?s edition of the newsletter.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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