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M.D. Harmon: Maine should leave Regional Greenhouse Gas Initiative compact
Portland Press Herald
When is a tax not a tax? When it can be hidden under another name, of course. Anyone who lives in one of nine Northeastern states, including Maine, and uses electricity pays for "emission allowances" to support "green" energy projects and efficiency programs under a six-year-old law called the Regional Greenhouse Gas Initiative, or RGGI, commonly pronounced "Reggie." It used to be in 10 states, but in 2011, Republican Gov. Chris Christie took New Jersey out of the compact.
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Legislative Updates



House advances bill to give Unorganized Territory more say in wind development
Bangor Daily News
After a floor debate featuring soaring rhetoric about democracy and self-determination, the House on recently advanced a bill aimed at giving residents of Maine's vast Unorganized Territory a new way to slow down wind development.
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Tar sands tip-toeing
Current
Since the city cannot institute an outright ban on tar-sands oil, South Portland's Draft Ordinance Committee is working to thread the needle between creating a regulatory scheme that would withstand a legal challenge, while also ultimately preventing the flow of tar sands into the community via the Portland-Montreal pipeline.
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 MEMA Special Events

Date Event More Information
April 16 Federated Insurance presents 'Designated Risk Management' MEMA Headquarters
May 7 Angus Energy presents Modern Art: The Evolution of the Energy IndustryMEMA Headquarters
May 8 Angus Energy presents Modern Art: The Evolution of the Energy IndustryBangor Location TBD
June 22-24 60th Annual Convention The Samoset Inn & Spa
Aug. 25 32 Annual J Garrie Murray Golf Classic Penobscot Valley Country Club, Orono Maine



Industry Headlines



CMP needs to cover costs, but that shouldn't stall Maine colleges' renewable energy advances
Bangor Daily News
A new "standby" fee proposed by Central Maine Power Co. would penalize Maine colleges and universities — including the 10 member institutions of the Maine Independent Colleges Association — and effectively create a significant disincentive for our pursuit of the economic, environmental and educational benefits associated with onsite generation of renewable energy.
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Resident pushes proposal for rerouting Sea-3 expansion tracks
Seacoast
A city woman has sent a letter to numerous local, state and federal officials seeking to win support for her proposal to reroute the existing Pan Am Railways train line "more directly to Newington via the Pease Tradeport." Pat Ford, a Spinnaker Way resident, said in the letter that rerouting the rail line "doesn't eliminate the safety risk, but it certainly would mitigate our direct exposure to these 4,000 railway cars a year carrying hazardous liquefied petroleum gas, rolling through our populated areas in close proximity to the tracks."
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Silicon Valley's elite come out against the Keystone XL
Bloomberg Business
In a March 7 letter to Secretary of State John Kerry that was made public recently, more than 200 business owners, venture capitalists and the odd Stanford B-school professor have asserted that the proposed Keystone XL pipeline is not in the economic interests of the U.S. Over its lifetime, the 875-mile extension linking Alberta tar sands to refineries and tankers in the Gulf of Mexico would cost billions more than it brings in, the letter states, and "these costs will be borne by U.S. citizens, businesses and taxpayers, while the profits from the pipeline will accrue to private corporations many of which are foreign interests."
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LAST WEEK'S MOST POPULAR ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    LePage blasts Democrat's solar plan, seeks to expand rebates for heating conversions by increasing state timber harvest (Bangor Daily News)
6 New England governors accused of 'backroom' power deals (Portland Press Herald)
Lawmakers question motives behind state's plan to raise timber-harvesting limits on public lands (Bangor Daily News)
Corinth Pellets to pursue $7 million expansion (Mainbiz)
Wholesale power in New England cost 55 percent more last year (Portland Press Herald)

Don't be left behind. Click here to see what else you missed.


Study: Gasoline prices will fall if US exports crude
Fuel Fix
The oil industry's leading trade group cast exports of U.S. crude as an economic win for consumers, fighting against criticism that selling the fossil fuel overseas would mean higher prices at home. The American Petroleum Institute commissioned a study by ICF International and EnSys Energy predicting lower gasoline prices, domestic job growth and other economic benefits if the United States lifts its 39-year-old ban on exporting U.S. crude.
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The role of American gas in the US-Russia sanctions dance
By Lucy Wallwork
As the claws come out and sanctions are imposed by the West against Russian President Vladimir Putin's government, energy may also hold the key to how the situation will develop. Many doubt that the tit-for-tat sanctions seen so far will expand to anything more meaningful, given the billions invested by Russian oligarchs and businesses in Europe, the heavy dependence of many Europeans and U.S. exposure to strategic Russian players such as Gazprom and Rosneft. But market sentiment suggests otherwise.
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Colby Horton, Vice President of Publishing, 469.420.2601
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