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Chevron, California Bioenergy to Produce Biomethane

Date: 2019-06-26
Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state. The holding company, CalBioGas, secured funding from Chevron to build infrastructure for dairy biomethane projects in California’s San Joaquin Valley, adding to the investment from dozens of dairy farmers. Manure storage on dairy farms results in the release of methane, a highly potent greenhouse gas. CalBio brings technology, operational experience and capital to help dairy farmers build digesters and methane capture projects to convert this methane to a beneficial use as renewable natural gas. The dairy biomethane projects are designed to send dairy biogas to a centralized processing facility, where it will be upgraded to RNG and injected into the local gas utility’s pipeline. The RNG is then marketed as an alternative fuel for heavy-duty trucks, buses, and eventually off-road and farm equipment. (Source: Transport Topics, 24 June, 2019)


CalBio, Chevron Partner on Dairy Biomethane Projects (Ind Report)
CalBioGas
Date: 2019-06-21
In the Golden State, Visalia-headquartered California Bioenergy LLC and oil giant Chevron are reporting a joint investment in CalBioGas LLC, a holding company with California dairy farmers to produce and market dairy biomethane as a transportation fuel in compliance with California's Low Carbon Fuel Standard (LCFS).

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, info@calbioenergy.com, www.calbioenergy.com

More Low-Carbon Energy News Anaerobic Digestion,  California Bioenergy,  Chevron,  Biogas,  Methane,  Biomethane,  


Biogas Project Included in Carbon Inv. Fund Portfolio (Ind. Report)
Carbon Trust,California Bioenergy
Date: 2017-09-22
U.S.-based private investment fund Climate Trust Capital, an independent entity of the Climate Trust, reports it will invest more than $862,000 of Climate Trust Capital's Fund I in a covered lagoon digester -- its first carbon investment in the biogas sector.

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, info@calbioenergy.com, www.calbioenergy.com; Climate Trust Capital, (5030 238-1915 x211 , www.climatetrust.org

More Low-Carbon Energy News California Bioenergy,  CalBio,  Carbon Trust ,  

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