Thursday, January 8, 2009

Initiative to Encourage Renewable Energy

If you are looking for ways to see Hampton Roads go a little greener, check out the information below that was passed on to me by one of our greenie shoppers.

A proposal was submitted for increased use of renewable and fossil-fuel-free energy to Dominion Resources. The outcome will probably take several months. If it is accepted for inclusion in voting, however, a large group of supporting votes will be needed. What's needed?? As many people as possible to each buy $1000 of Dominion stock, and vote in the May 2009 proxy, it would help send the message that this is something people are concerned about.

Admittedly, even if I get 1,000 people to each buy $1000 worth of stock, it is still a very small fraction of the vote, but the number of people voting would have power.
So, if you are able in these hard economic times to find any sum to purchase a few shares of Dominion stock, please do. To vote in the May 2009 shareholders' meeting, you would need to purchase shares before the end of February, and you will need to tell your broker to be sure to pass the proxy through to you (some will vote proxies for you). You can buy Dominion stock through a broker, or directly at http://www.dom.com/investors/index.jsp.

If you know anyone else who might be able to do this, or are part of any group that might be interested, please feel free to forward on.

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