Planet Energy Solutions Supports 19th RGGI CO2 Allowances Public auction
Posted Mar 27 2013 6:18am
Planet Energy Remedies, Inc. (XWES), a respected energy management providers firm, announced today it successfully reinforced the 19th quarterly public auction of carbon (CO2) allowances implemented by Regional Greenhouse Gasoline Motivation, Inc. (RGGI, Inc. ) in March tough luck, 2013.
In accordance with RGGI, Inc., 40, 835, 405 LASER allowances were purchased at a clearing tariff of $2. 70, creating $105. 9 thousand for reinvestment from the RGGI states in many different consumer-benefitting projects, including energy performance, electricity, direct costs assistance, greenhouse gasoline abatement, and weather change adaptation. Another RGGI auction will be scheduled for June a few, 2013.
Inside a previously released assertion, Collin O'Mara, Assistant of the Delaware Section of Natural Resources and also Environmental Control and Couch in the RGGI, Inc. Table of Directors, mentioned: "RGGI has provided a roadmap into a clean energy long term. The RGGI deals continue to demonstrate which a market-based program that will spurs investments in vitality efficiency and low-emission electric powered generation can simultaneously attain the goals of solution, cheaper, plus more reliable vitality. "
Additional information of the public auction results are located in the particular RGGI, Inc. report dated March 12-15, 2013 including www.doozee.cc.
Concerning World Energy Remedies, Inc.
Planet Energy Remedies, Inc. (XWES) is surely an energy management providers firm that draws together the fervour, processes and also technologies to take the particular complexity out of vitality management and change it into bottom-line influence for the organizations, institutions and government authorities we serve. Currently, the business has transacted greater than $30 billion inside energy, demand reply and environmental commodities on the part of its consumers, creating greater than $1 billion inside value on their behalf. World Vitality is also a head in the global carbon dioxide market, where it is World Energy Exchange(R) helps the Regional Greenhouse Gasoline Initiative (RGGI), the 1st mandatory market-based corporate program in the Ough. S. to lower greenhouse gasoline emissions. To learn more, please visit www.doozee.cc.
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This specific press release includes forward-looking statements which can be subject to hazards and uncertainties that may cause actual brings about differ from these indicated inside the forward-looking assertions. Such risks and also uncertainties include, are usually not limited by, these: our earnings and backlog are influenced by actual future vitality purchases pursuant to accomplished procurements; the need for our providers is affected by changes in regulated prices or perhaps cyclicality or volatility inside competitive market prices regarding energy; the particular impact on the historical and prospective economic results of an alteration in accounting coverage may negatively impact the stock price; as well as other factors outside the control that affect business deal volume in the electrical energy market and also our total business. Additional threat factors are identified inside our Annual Report in Form 10-K and succeeding reports filed with all the Securities and Trade Commission.