In 2018, the GGRF invested $1.4 billion in various projects to reduce the effects of climate change in California communities. That was about double the amount spent in 2017. Since the program began in 2012, it has invested $3.4 billion in projects that are either completed or under way, with a total of $9.3 billion in the pipeline.
CARB estimates that the investments will reduce greenhouse gas emissions by almost 37 million metric tons, about what would be produced by burning four billion gallons of diesel fuel, or "roughly equivalent to taking eight million cars off the road for a year." Cumulatively, last year's investments in energy efficiency are expected to save enough energy to power 15,000 homes for a year.
The report estimates GGRF investments are reducing greenhouse gas emissions at an average cost of about $75 per metric ton. The report lists details on how much has been invested in each GGRF program and highlights examples of what those investments are. Many are being built, but many more are in some planning stage and their full effect will not be felt for a number of years. For example, GGRF investments in the clean transportation sector include:
Cumlative Project Outcomes include: 10,000 home energy efficiency projects; 3,200 affordable housing units under contract; 500,000 acres of land preserved of restored; 50,000 trees planted in urban areas; 343,000 individual projects funded; 462 transit agency projects funded; and 67 pct of funding for projects benefitting priority communities ($1.5 billion)
Download the California Air Resources Board Greenhouse Gas Fund expeditures report HERE. (Source: CARB, StreetsBlog, 27 Mar., 2019) Contact: California Air Resources Board, Melanie Turner, Information Officer, (916) 322-2990, firstname.lastname@example.org, www.arb.ca.gov; CARB California Climate Investments, (800) 757-2907, email@example.com, www.caclimateinvestments.ca.gov
More Low-Carbon Energy News California Air Resources Board, California Cap-and-Trade,
The state set a minimum price per permit of $13.57 and the final auction price was $15.06. All available permits were purchased. The cap-and-trade program is set to run through 2030. California aims to slash GHG emissions 40-pct below 1990 levels by the year 2030. (Source: California ARB, MML News, Various Others, 24 Nov., 2017) Contact: CARB, (800) 242-4450, firstname.lastname@example.org, www.arb.ca.gov
More Low-Carbon Energy News California Air Resources Board, California Cap-and-Trade, Carbon Credits,
The 380,000-square-foot "state-of-the-Art" facility will be certified LEED Platinum, as well as the nation's single largest net-zero energy structure, according to CARB. Construction is slated to get underway in February. (Source: UC Riverside, California ARB, UCR Today, 27 Oct., 2017) Contact: UC Riverside, Richard Chang, (951) 827-5893, email@example.com; CARB, (800) 242-4450, firstname.lastname@example.org, www.arb.ca.gov
More Low-Carbon Energy News California Air Resources Board, UC Riverside,
The Air Resources Board played an instrumental role in uncovering the emissions defeat device installed by German car manufacturer Volkswagen on some of its vehicles, resulting in a worldwide scandal.
The 380,000-square-foot square facility has been billed as state-of-the-art and will be certified LEED Platinum, considered the highest level of energy efficiency for building standards. The building will also be the nation’s single largest net-zero energy structure, according to CARB, which means it will produce as much energy as it uses. Solar panels on the rooftop and over the parking lot will supply at least 3.5 megawatts of electricity. Construction at the site is slated to begin in February. (Source: UC Riverside, California ARB, UCR Today, 27 Oct., 2017) Contact: UC Riverside,
Little Sioux received a D3 cellulosic ethanol registration from the U.S. EPA after deploying Edeniq's technology at its plant. Thome noted the significance of the consistency between CARB's approval and the EPA's approval and his support for CARB's assignment of a 31.23 carbon intensity, validating the potential for Edeniq's technology to help the state achieve the GHG reduction goals of the LCFS. (Source: Edeniq, PR, 11 Sept., 2017) Contact: Edeniq Inc.,
Brian Thome, Pres., CEO,
Sarah Caswell, (402) 935-3081, email@example.com, www.edeniq.com;
Little Sioux Corn Processors, (712) 376-2800, www.littlesiouxcornprocessors.com; California ARB, (800) 242-4450, firstname.lastname@example.org, www.arb.ca.gov
More Low-Carbon Energy News Cellulosic, Edeniq, Ethanol , Little Sioux Corn Processors, California ARB,
The GGRF is funded by cap-and-trade dollars which state agencies manage under California Climate Investments. The money is earmarked for public health enhancement, especially for disadvantaged communities.
A natural refrigerant incentive program is part of CARB's implementation of a Short-Lived Climate Pollutant (SLCP) strategy, which includes a plan to reduce the state's HFC emissions 40 pct by 2030. (Source: Hydrocarbons21, 8 Sept., 2017) Contact: Hydrocarbons21, hydrocarbons21.com team (@hydrocarbons21, www.hydrocarbons21.com
More Low-Carbon Energy News HFC, Refrigerant Gas, California ARB, Hydrocarbons21, Montreal Protocol,
Under federal legislation, mine operators are permitted to vent mine methane without penalty. GCS' proposal qualifies under California's cap-and-trade system.
GCS will pay a 12.5-cent royalty per million btu flared, plus $5,000 per year per mine in rent. Carbon offsets are currently selling for $5.80 per ton of carbon dioxide equivalent.
According to the EPA, coal mines represent 12 pct of all human-caused methane emissions and are the nation's second largest source of greenhouse gas emissions after CO2. Even so, methane emissions from mines are exempted from regulation under the Clean Air Act because the gas has to be vented from underground coal deposits to prevent lethal explosions.
To calculate the carbon offsets the methane destruction is worth, GCS is relying on Salt Lake City-based consulting firm Bluesource, which will register the offsets with the Climate Action Reserve. They could then be issued California Air Resources Board (CARB) which has
authorized 7 mines to join the offset program. (Source: GCS, CARB, Salt Lake Tribune, Sept., 2017)
Contact: Global Carbon Strategies, C. Kennedy, VP,
1885 Denver West Court, Lakewood, Colorado, 80401, -- phone and email not presently available; Utah School and Institutional Trust Lands Administration, (801) 538-5100, https://trustlands.utah.gov; CARB, (800) 242-4450, email@example.com, www.arb.ca.gov; Bluesource, www.bluesource.com
More Low-Carbon Energy News Bluesource, California ARB, , Global Carbon Strategies, Methane, Carbon Credit ,
VESTA™1000 ensures compliance with the January 1, 2018 implementation of CARB's Alternative Diesel Fuel Regulation. A 20 pct (B20) blend of biodiesel with VESTA™ 1000 reportedly reduced NOx by 1.9 pct and particulate matter by 18 pct compared to CARB diesel fuel. California Fueling, LLC will produce the formula, and Pacific Fuel Resource, LLC will deliver the product to market. The two companies will work cooperatively with NBB members as well as those in the California fuel community to support the ongoing use of biodiesel diesel blends up to B20. (Source: NBB, Pacific Fuel Resource, July, 2017)
Contact: Pacific Fuel Resource, Paul Nazzaro, (978)438-6090, firstname.lastname@example.org, www.pacificfuelresource.com;
(800) 841-5849, email@example.com, www.biodiesel.org; CARB, (800) 242-4450, firstname.lastname@example.org, www.arb.ca.gov
More Low-Carbon Energy News California ARB, NBB, Biodiesel,
The cap-and-trade funds are distributed by California Climate Investments, which awarded more than $500 million in 2016 to projects in 57 of the state's 58 counties. The funds are allocated to efforts that will directly impact climate change efforts with a legislated bias towards effecting change in disadvantaged communities. In 2016 50 pct of investments were made in disadvantaged communities, far exceeding this requirement.
Download the full
Greenhouse Gas Reduction Fund Monies
Annual Report to the Legislature on
California Climate Investments
HERE. (Source: California ARB, April, 2017) Contact: CARB, (800) 242-4450, email@example.com, www.arb.ca.gov
More Low-Carbon Energy News California Air Resources Board, California Cap-and-Trade, Carbon Emissions,