in News Departments > New & Noteworthy
print the content item

Boulder, Colo.'s voters approved the Climate Action Plan Tax on Election Day, which makes this the first time in the nation that a municipal government will impose an energy tax on its residents to directly combat global warming.

This energy tax is referred to as a carbon tax, since most of Boulder's electricity comes from the burning of coal. According to the Office of Environmental Affairs, residents who choose to purchase wind power certificates will only be taxed on the remaining percentage that is not green energy - unless residents choose to offset 100% of their electricity with wind power.

The average household will pay $1.33 per month, and an average business will pay $3.80 per month. The tax will generate about $1 million annually through 2012, when the tax is set to expire. Estimated energy cost savings from implementing the Climate Action Plan is $63 million over the long term.

Residents can purchase wind power certificates through the Boulder Wind Challenge, which is another way the city is implementing its strategy to reduce carbon emissions. The program began on October 1 and ends November 30 and offers residents six companies from which to choose certificates. The city's goal is to sign another 1,500 residents by the end of the program.

Visit www.cogreenpower.org to view the program's Web site.


Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Hybrid Energy Innovations 2015
Renewable NRG_id1934