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The debate over cleaner, pricier gasoline on the Front Range, explained

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The debate over cleaner, pricier gasoline on the Front Range, explained


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In the meantime, environmental advocates are pissed off the governor’s workplace is now making an attempt to skirt the requirement. Jeremy Nichols, director of the local weather and vitality program for WildEarth Guardians, mentioned if policymakers disapproved of reformulated fuel, they need to have diminished ozone air pollution earlier. 

“That they had likelihood after likelihood to keep away from this case. And reasonably than take the steps they wanted to, they blew it,” Nichols mentioned.

Did not Gov. Polis ask the EPA to take extra aggressive ozone actions at one level?

He did. 

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In 2019, Polis withdrew a request for added time to satisfy the EPA’s 2008 health-based ozone customary, prompting the federal company to reclassify the area from a “reasonable” to a “severe” violator of federal ozone requirements.

“There’s an excessive amount of smog in our air, and as a substitute of hiding behind forms and paperwork that delay motion, we’re transferring ahead to make our air cleaner now,” Polis mentioned in a 2019 assertion in regards to the resolution.

The EPA is now transferring forward to reclassify the area from a “severe” to a “extreme” violator beneath the identical ozone customary. As a consequence of a authorized settlement with environmental teams, the company is predicted to finalize the choice as quickly as subsequent month, lining up the gasoline requirement to enter impact in the summertime of 2024.

Jones, the spokesperson for the governor’s workplace, mentioned the 2019 resolution didn’t have an effect on the timeline for a “extreme” downgrade. As a consequence of current air pollution circumstances, the federal authorities would have virtually definitely reclassified the area anyway, she mentioned.

Would reformulated gasoline assist management ozone air pollution in Colorado?

Sure, however the total impact would possible be small. 

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Gasoline-powered autos launch nitrogen dioxide and risky natural compounds, two air pollution that may kind ground-level ozone once they react within the ambiance amid warmth and daylight. 

The regional air council estimates native sources alongside the Entrance Vary emit about 500 tons of ozone precursors on a mean summer time day. Silverstein mentioned laptop fashions present a swap to reformulated gasoline would keep away from about 5 tons of day by day emissions — or 1 p.c of the overall.

His workplace additionally ran fashions to see how reformulated gasoline would have an effect on future ozone ranges. It discovered reformulated blends would decrease common ozone concentrations by 0.1 components per billion, a tiny fraction of the 75 components per billion federal customary the area usually exceeds every summer time. 

The Polis administration referenced the end in its assertion questioning the gasoline requirement. Silverstein, nevertheless, isn’t assured within the quantity. He mentioned the air high quality mannequin shouldn’t be exact sufficient to elucidate the impact of particular person insurance policies, whether or not it’s reformulated gasoline or stricter rules on drilling websites. 

“To name out one specific technique by itself and believe that it truly is 0.1 half per billion? It’s not actually a quantity that I strongly help,” Silverstein mentioned.

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The place would the reformulated gas come from? And the place wouldn’t it be required to be offered?

Suncor Power, a Canadian oil and fuel firm, operates the one oil and fuel refinery in Colorado. A spokesperson for the corporate mentioned the ability is ready to make reformulated fuel for the summer time of 2024. It expects to spend $36 million to reconfigure the refinery to make the mix. 

The EPA would require the gas throughout the northern Entrance Vary ozone nonattainment space, which incorporates parts of eight counties stretching from Greeley to Fortress Rock. 

Michael Paules, a Colorado-based affiliate director with the American Petroleum Institute, mentioned Suncor possible wouldn’t be capable of meet the demand for the cleaner gasoline by itself. If the gas combination can’t be piped in from different states, he expects the Entrance Vary might periodically expertise increased costs than the remainder of the state. 

“That is the place we agree with the governor: This isn’t the easiest way to get your bang on your buck on air high quality,” Paules mentioned.

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Toyota Game Recap: 12/22/2024 | Colorado Avalanche

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Toyota Game Recap: 12/22/2024 | Colorado Avalanche


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Colorado authorities shut down low-income housing developer

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Colorado authorities shut down low-income housing developer


The Colorado Division of Securities is pursuing legal action against a man whom it claims deceived investors and used the ownership of federally supported low-income housing projects to line his own pockets. 

Securities Commissioner Tung Chan announced its civil court filings against Michael Dale Graham, 68, on Nov. 12. 

Chan’s office filed civil fraud charges against Graham, and also asked for a temporary restraining order and freezing of Graham’s assets and his companies’. A Denver district court judge immediately granted both. Since then, two court dates to review the those orders have canceled; a third is scheduled for mid-January.

Graham operates Sebastian Partners LLC, Sebastiane Partners LLC, and Gravitas Qualified Opportunity Zone Fund I LLC (“GQOZF”), all of which were controlled by Graham during his “elaborate real estate investment scheme,” as described by the securities office in a case document.

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The filing states Graham collected more than $1.1 million from eight investors to purchase three adjacent homes in Aurora. The Denver-based Gravitas fund and its investors purportedly qualified for the federal Qualified Opportunity Zone (QOZ) program with the homes. Qualified Opportunity Zones were created by the Tax Cuts and Jobs Act passed by Congress in 2017. The zones encouraged growth in low-income communities by offering tax benefits to investors, namely reductions in capital gains taxes on developed properties.

A file photo of a suburban housing development in the Denver metro area. 

Paul Souders/WorldFoto & Getty Images


Graham formed Gravitas in early 2019 and purchased the three homes located in the 21000 block of E. 60th Avenue two years later. He quickly sold one of them with notifying investors, according to the case document. While managing the other two, Graham and Gravitas transferred the fund’s assets and never operated within QOZ guidelines to the benefit of its investors or the community, according to the state. 

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Gravitas also transferred the titles for the two properties to Graham privately. As their owner, Graham obtained undocumented loans from friends totaling almost $600,000. The two loans used the two properties as security. 

Gravitas investors were never informed of the two loans, according to the case document. Also, Gravitas never sent its investors year-end tax reports, the securities office alleges. 

Graham used the proceeds of the loans for personal use. No specific details were provided about those uses.

“Effectively, Graham used Gravitas as his personal piggy bank,” as stated in the case document, “claiming both funds and properties as his own. Graham never told investors about the risks associated with transferring title to himself. On September 1, 2023, he sent a letter to investors, stating that the properties ‘we own’ are doing well and generating growth due to record-breaking home appreciation. But Gravitas no longer owned the properties.

“Gravitas no longer had assets at all.” 

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Furthermore, the securities office said Graham failed to notify investors of recent court orders against him in Colorado and California. In total, Graham was ordered to pay more than $1 million in damages related to previous real estate projects.

Graham’s most recent residence is in Reno, Nev., according to an online search of public records. He evidently has previously lived in Santa Monica, Calif., and Greenwood Village.

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Colorado weather: Temperatures staying in the 60s Sunday

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Colorado weather: Temperatures staying in the 60s Sunday


Colorado weather: Temperatures staying in the 60s Sunday – CBS Colorado

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Watch meteorologist Callie Zanandrie’s forecast.

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