RGGI June 2009 Auction

RGGI auction 4 was today but we won't have the cost per ton until Friday at 10AM.  But given the trends from the first 3 auctions we can guess.  The rate has risen at 14% since Auction 1 in September of 2008, 10% in January, and another 4% in March.  I'm hoping it slows further but I'm not positive what forces will act upon any given auction.

My preliminary guess is that the rate could hit $3.65 up from 3.51.  Though I'm hoping it's lower. Every penny per ton is coming out of our pockets.   And with another cap and trade scheme hovering near by--which will piggy back on top of this one, if we have to endure these kinds of shadow taxes, lets hope they stay as low as possible.

I'll have the update Friday afternoon, once I've seen the rates for auction four.

Comments

[NH]

What I still can't believe is how stupid people are to complain about their property taxes, but then only 5% of them show up at town meeting to vote NO!

If every person told 5 other people to get themselves to town meeting, property taxes could be stopped in their tracks.

The town cannot raise your town and school taxes without your permission people!!!!!!!!!!!

[Rowland]

I showed up and testified against RGGI. I don't know where everybody else was. My guess is they realized sooner than I did that talking to our current crop of state Reps is a huge waste of time.

I wonder if this whole scheme violates state sovereignty or perhaps the Feds' prerogative to regulate interstate commerce. I also wonder if any legislators care.

We really should have worked harder to vote them out last November. Why were the liberty activist groups such wimps when it mattered?

At least now they're starting to get serious. The NHLA did fliers against the seat belt bill and that seems to have worked. More of that please and less apologizing to the enemy for not having been polite enough.

I believe in direct communication with the voters. The first American revolution used pamphlets, we'll use fliers.

I'd also like to see some investigations. I think some of the 'volunteer' legislators are taking bribes.

[Steve Mac Donald]

Fliers are good. We need to fill mailboxes and do door hangers and lit drops, and include the list of tax and spender on it in every district. Now is the time. (Well, then was the time, but we don't have then we have now.)