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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

RGGI CO2 Auction Price Exceeds $3/ton

LCG, September 30, 2008--The ten, northeast states participating in the Regional Greenhouse Gas Initiative (RGGI) yesterday announced that the auction of carbon dioxide (CO2) emissions allowances held on September 25, 2008 were sold at a clearing price of $3.07 per allowance. All of the 12,565,387 allowances offered for sale were sold.

The ten states participating in RGGI, a cap-and-trade program designed to reduce greenhouse gases, are Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Hampshire, New York, Rhode Island and Vermont. The RGGI program goals include CO2 emissions held to a capped target through 2014, after which the cap is reduced by 2.5 percent annually through 2018 to achieve a 10 percent reduction in CO2 emissions.

Proceeds from the auction totaled over $38 million, which will be shared by the six states - Connecticut, Maine, Maryland, Massachusetts, Rhode Island and Vermont - participating in the initial auction. These states plan to use the funds for energy efficiency and renewable energy technologies to benefit energy consumers.

Another CO2 allowance auction is scheduled to occur on December 17, 2008. RGGI plans quarterly auctions during the first three-year compliance period, which runs from January 1, 2009 to December 31, 2011.
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