CalBio will help dairy farmers build digesters and methane capture projects to convert methane into renewable natural gas (RNG). Chevron will fund as many as 18 digesters across three geographic "clusters" in Kern, Tulare and Kings counties. The three clusters of digesters have been awarded California Department of Food and Agriculture grants which must be augmented with additional capital to complete the projects.
(Source: California Bioenergy, PR, Chevron, Renewable Energy, 20 June, 2019)
Contact: CalBioEnergy, N. Ross Buckenham, CEO,
559-667-9560, email@example.com, www.calbioenergy.com
More Low-Carbon Energy News Anaerobic Digestion, California Bioenergy, Chevron, Biogas, Methane, Biomethane,
The project will destroy methane and produce carbon offsets under California's cap-and-trade system. The investment is based on the anticipated ten-year value of carbon credits from a livestock digester project located at West-Star North Dairy farm in California's San Joaquin Valley. Visalia-based California Bioenergy LLC (CalBio) is partnering on the digester project which is expected to begin generating carbon offsets in January 2018 with initial cash flow from the sale of these offsets in 2019.
Climate Trust Capital's Fund I is focused on investing in high-quality, U.S.-based carbon offset projects. Fund I will be the first in a series of Climate Trust Capital-led investment funds built to appeal to institutional and impact investors. The West-Star North project will be developed in accordance to the California Air Resources Board (ARB) Compliance Offset Protocol for Livestock Projects.
(Source: Climate Trust Capital, 21 Sept., 2017) Contact: California Bioenergy Inc., (559) 667-9560, firstname.lastname@example.org, www.calbioenergy.com;
Climate Trust Capital,
(5030 238-1915 x211 , www.climatetrust.org
More Low-Carbon Energy News California Bioenergy, CalBio, Carbon Trust ,