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Biden administration moves to protect Alaska wilderness; opening statements and first witness in NY trial; SCOTUS hears Starbucks case, with implications for unions on the line; rural North Carolina town gets pathway to home ownership.

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The Supreme Court weighs cities ability to manage a growing homelessness crisis, anti-Israeli protests spread to college campuses nationwide, and more states consider legislation to ban firearms at voting sites and ballot drop boxes.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Report: Greenhouse Gas Reduction Investment Reaping NY Major Greenbacks

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Wednesday, September 28, 2011   

ALBANY, N.Y. - While some presidential candidates are poking fun at the "green economy," a new report says the state of New York is getting solid returns.

Ross Gould, air and energy program director with Environmental Advocates of New York, says that group's new report shows the state is reaping $3 to $4 for every dollar invested in the regional effort to reduce greenhouse-gas emissions. The state's investments through the Regional Greenhouse Gas Initiative - known as "REGGIE" - are making New Yorkers' homes more energy efficient, he says - and also making the state lots of greenbacks.

"New York has invested $13.9 million in energy-efficiency and renewable-energy projects that will produce over $1 billion in economic returns for New York over the next 10 years."

The state's biggest REGGIE investment, Gould says, is in 371 solar project installations in homes, businesses and nonprofits, which will have the same clean-air impact as taking 2,000 cars off the road.

State officials held a review of REGGIE on Monday. Jackson Morris, senior policy adviser with the PACE Energy and Climate Center, says the big finding at that meeting is that the projected cap for greenhouse gas emissions in New York is off by about 30 percent.

"Right now, the cap is set way too high, and if it is not adjusted we're not going to meet the reduction goals of REGGIE, which is to reduce the emission from power plants by 10 percent by 2018."

The "green economy" has been under attack by some presidential contenders for failing to deliver on promises. Morris says REGGIE, the nation's first market-based, mandatory cap-and-trade program, is delivering the promised economic boost.

"I think it's real hard to argue with the REGGIE argument, because it's clearly driven a green economy in New York State and that's part of the reason why the Brookings' Report recently highlighted the Capitol Region of New York as one of the "green jobs" capitols of the nation."

More information on the initiative is online at eany.org.


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