This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Washington Gas Energy Services And Sterling Planet Donate $126,000 To The Chesapeake Bay Foundation’s Carbon Reduction Fund; Help Plant 1,500 Trees In Frederick, MD

A unique public-private collaboration between Washington Gas Energy Services (WGES), Sterling Planet and the Chesapeake Bay Foundation (CBF) reached another milestone today when nearly 100 volunteers, including more than 40 WGES volunteers, planted 1,500 trees on an eight-acre tract of land in Frederick, Md. The tree planting will prevent the runoff of 200 pounds of nitrogen pollution a year into a nearby creek that feeds into Frederick’s city drinking water supply. The effort will also eliminate 1,600 metric tons of carbon dioxide pollution that would otherwise affect air quality. In addition, checks were presented by WGES in the amount of $84,000 and by Sterling Planet in the amount of $42,000, for a total contribution of $126,000 to the Carbon Reduction Fund managed by CBF. This brings the total combined contributions of WGES and Sterling Planet to this fund since 2010 to $276,000.

“It is rewarding to know WGES staff and green energy products are making a real and tangible difference in our community,” said Harry Warren, President of Washington Gas Energy Services. “Through the sale of our innovative natural gas product matched to locally sourced carbon offsets and our partnership with CBF, we are helping to reduce greenhouse gases and improve the air and water quality in our region.”

WGES CleanSteps ® Carbon Offsets reduce a customer’s carbon footprint by matching local certified carbon offsets with the customer’s natural gas usage. When customers choose WGES as their natural gas supplier, a portion of their natural gas usage is matched with CleanSteps ® Carbon Offsets, a green product offered by WGES. Customers can also choose to match 100 percent of their natural gas usage with WGES CleanSteps ® Carbon Offsets. In turn, WGES and Sterling Planet contribute to the Carbon Reduction Fund to support tree plantings and other environmental projects that reduce greenhouse gases and improve water quality. The product and Carbon Reduction Fund were both launched in September of 2010.

As of April 21, more than 7,900 trees have been planted as a result of this partnership and funding. Program-funded tree plantings have taken place in Baltimore, Anne Arundel, Talbot and Frederick counties in Maryland. In addition, Carbon Reduction Fund monies have also been used to start new nutrient management research and grant programs.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs