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first_imgReport: State Could Improve Policy, Offset Oil CostsNRDC Report Says Transportation Planning Can Buffer Automotive Fuel CostsVermont could be doing more to protect its citizens from the high costsof fuel oil for our cars and trucks, according to a new report releasedby the Natural Resources Defense Council, a national environmentalgroup.States that adopt laws to promote clean and efficient vehicles, preventsprawl, and invest in public transit, are helping protect their citizensfrom high oil prices, according to the report, “Fighting Oil Addiction:Ranking States’ Oil Vulnerability and Solutions for Change.””Based on this report, the results for Vermont are mixed,” said BrianShupe, the sustainable communities director and energy co-director forthe Vermont Natural Resources Council. “Despite our green image andreputation for forward-thinking policy, this report shows that Vermontis not among the most innovative states when it comes to taking steps toreduce our reliance on oil for transportation.”The report highlights two critical areas related to our nation’saddiction to oil: vulnerability to high oil prices and implementation bystates of policy alternatives and solutions.Vermont ranks 16th among the 50 states with regard to the specificpolicy steps the state is taking to cut down on oil use, but ithighlights some gaps. The report also shows that the state is relativelyvulnerable to high oil prices based on Vermonters’ incomes. According tothe report, Vermont motorists spent an average of $1,856 on gasoline in2007. This amounts to 5.1 percent of the average income, making thestate the 31st most vulnerable to high oil prices. The report does notconsider oil use for heating.One area in which the NRDC report finds Vermont lagging relates togrowth management and planning.”Several states have an agency that coordinates development policieswith state spending decisions to promote smart growth and avoid sprawl,”Shupe explained, “but Vermont lacks such an entity. We did get pointsfor Act 200 (Vermont’s planning and growth management law), although thestate agency planning requirements of that law have been ignored forover a decade.”The report also noted that Vermont lacks a target for reducing vehiclemiles traveled by Vermonters. Between 2000 and 2005, the average numberof vehicle miles traveled increased by 11 percent.”This is largely because we’re developing communities that are notwalkable and are difficult to serve by transit,” Shupe said. “Greaterefforts to promote smart growth, avoid scattered, low densitydevelopment and invest in alternative transportation are critical toreducing our vulnerability to sticker shock at the gas pump.”According to the report, the five states implementing the mostcomprehensive policies to reduce oil use are California, followed by NewYork, Connecticut, Washington and Pennsylvania. In New England, RhodeIsland, Maine and Massachusetts also rank ahead of Vermont.For a copy of the full report go to www.nrdc.org/media/2008/080722.asp(link is external)last_img read more

first_img2620-2622 Virginia Drive, Hope Island.Of the two top sales on the Coast, one was a “secret home” at Hope Island that changed hands in July.A Vietnamese businessman bought the waterfront residence at 2620-2622 Virginia Drive in an off-market deal through Wendy and Warren Hickey from Hope Island Resort Realty.“We weren’t allowed to take any photos until after it had sold,” Ms Hickey said.“It is really hard to sell a secret but a home with this calibre attracts a lot of wealthy attention.Spanning across three blocks, the entrance to the 3,227sq m property is grand with a double gated entry, porte-cochere and sweeping staircase.But the sale was $8.5 million shy of last year’s mammoth $25 million sale of former Billabong executive Scott Perrin’s Mermaid Beach mansion. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour ago02:37International architect Desmond Brooks selling luxury beach villa20 hours ago201-205 Monaco St, Broadbeach Waters.Monaco St at Broadbeach Waters was also touted as a millionaire’s playground earlier this year with two sales around the $9 million mark.It is understood No. 201-205 changed hands in a cash sale.The deal involving a Taiwanese buyer was negotiated by Christopher Jones and Lisa Halpin of Savills Residential Gold Coast, who declined to confirm the contract price. 75-77 Monaco St, Broadbeach Waters, $9 million Tidemark sold for $25 million in 2016.The record residential sale for the Gold Coast still stands at $27 million – it was chalked up in 2008 when BreakFree founder Tony Smith sold an uncompleted mansion in Hedges Ave to later-failed internet whiz Daniel Tzvetkoff. 187-191 Hedges Ave, Mermaid Beach, $16.5 million 41 The Promenade, Surfers ParadiseArguably one of the best riverfront addresses on the Gold Coast, this grand hotel-like residence at Isle of Capri has it all.But, it’s the double main river block with views from Main Beach to Broadbeach and right down the mouth of the river that captured the attention of the property’s new owner.Property records reveal the owner to be Kool Kids founder Bruce Coulson, who also purchased the block next door for $6.5 million. 11 Southern Cross Drive, Surfers Paradise, $6.95 million 187-191 Hedges Ave, Mermaid Beach.Also trading hands for $16.5 million this year was Melbourne Cup winner and real estate identity David Henderson’s luxury Mermaid Beach mansion that sold in August.The Albatross Ave property first hit the market in 2016 with a $19.75 million price tag. It was designed by architect Paul Uhlmann and spans across three beachfront blocks giving it a commanding street presence. 61 Jefferson Lane, Palm Beach.One of only two beachfront properties to make the top 10 Gold Coast sales list, this stunning four-level beach house, where no expense has been spared, sold for $5.9 million.Records show the residence was linked to Claybar Pty Ltd and the late Ian Barclay, a prominent Master Builder who worked on projects including stage two of the Queensland Performing Arts Centre, the Brisbane Airport domestic terminal and the Houghton Highway Bridge at Redcliffe. 2620-2622 Virginia Drive, Hope Island was one of the biggest sales on the Coast in 2017.THEY’RE jaw-dropping, have out-of-this-world features and sell for millions of dollars.The top 10 Gold Coast property sales of 2017 included an array of waterfront residences from Hope Island to Palm Beach.But there was one noticable absence – despite the city being known for its high-rises there were no apartment sales in the top 10.The Coast’s mega mansions dominated the list with two selling for $16.5 million each to tie for the top spot. 187-191 Hedges Ave, Mermaid Beach.While the 30m of beach frontage is one of its best assets, the mansion also comes with a lift, basement for seven cars, sauna, cocktail bar and a gym.“It was listed for $19.75 million last year but as soon as we adjusted the price to $16.995 million we had a frenzy of buyers and they were all qualified buyers with genuine offers,” agent Luke Henderson said. 201-205 Monaco Street Broadbeach Waters, $9.5 million center_img 19-21 Queen Anne Court, Sovereign Islands..This mega-mansion was on the market for two years before it finally sold for $6.5 million.Sprawled across a double block, the home has a heavy European influence with lion statues, gold leaf trimmings, pillars and fountains. 25 Southern Cross Drive, Surfers Paradise, $6 million 75-77 Monaco St, Broadbeach Waters Glenn and Victoria Hargraves, part owners of directory and online search company Local Search, bought the property and planned to make the move from Mermaid beach.The pair said the home sparked their interest with its architecture, northerly aspect, skyline views and land size. 14 Admiralty Drive, Paradise Waters, $7.7 million 2620-2622 Virginia Drive, Hope Island.The Gold Coast trumped Brisbane, with an Ascot home which sold for $8.8 million coming in as the capital city’s biggest sale.While millions of dollars behind Sydney’s top sale – a Double Bay mansion that sold for a cool $71 million – the Gold Coast was hot on the heels of Melbourne with Victoria’s largest sale coming in at $16.8 million for a Toorak house.So which properties made up the Gold Coast’s top sales for 2017? CoreLogic has complied the tops sales from across the Coast. Take a look: 2620-2622 Virginia Drive, Hope Island, $16.5 million 14 Admiralty Drive, Paradise WatersA Gold Coast buyer continued the rush for big-ticket homes by paying $7.7 million for this mansion in one of the premier riverfront streets at Paradise Waters.The price achieved for 14 Admiralty Drive is believed to be the second highest on record for the street. 41 The Promenade, Surfers Paradise, $6.95 million 25 Southern, Cross Drive, Surfers Paradise.THE “very best views of Surfers Paradise” captivated the buyer of this stunning five-bedroom mansion.Located on exclusive Cronin Island, the house sold for a cool $6 million via expressions of interest. 61 Jefferson Lane, Palm Beach, $5.9 million 11 Southern Cross Drive, Surfers Paradise.Renowend architect Bayden Goddard was responsible for the design of this stunning six- edroom Cronin Island home, which offers flawless timber and custom marble finishes across four levels of luxury.Selling for $6.95 million to a Chinese buyer, the residence is one of only 34 homes on the small triangular pocket off Chevron Island. 19-21 Queen Anne Court, Sovereign Islands, $6.5 million last_img read more