The winning entities have committed to high-impact actions that will shrink their carbon footprints and result in a reduction of over 1.2 million metric tpy of carbon dioxide, the equivalent of taking approximately 260,000 cars off the road. Yesterday's announcement supports the Climate Leadership and Community Protection Act goals to reduce greenhouse gas emissions 85 pct by 2050 and advance a just transition for difficult-to-decarbonize and energy-intensive economic sectors.
Launched in May 2018 and administered by NYSERDA, the C&I Carbon Challenge is a competitive program that provides funding to large commercial and industrial energy users such as manufacturers, colleges, health care facilities and office building owners in New York State to develop various cost-effective clean energy projects that reduce carbon emissions.
The winning proposals, submitted through the State's annual CFA process, demonstrate the highest potential for cost-effectively implementing carbon-reducing clean energy actions. Projects that benefit disadvantaged communities received extra points in the scoring criteria when determining awards.
With yesterday's announcement, more than $31 million has been awarded through the C&I Carbon Challenge for projects that are reducing carbon emissions to improve statewide sustainability and combat climate change. Past awardees have collectively committed to reducing over 2.7 million metric tons of carbon emissions, the equivalent of taking approximately 585,000 cars off the road.
NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise, and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. NYSERDA professionals work to protect the environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York State since 1975.
(Source: NYSERDA, PR, 21 Dec., 2021) Contact: NYSERDA, (518) 862-1090, www.nyserda.ny.gov
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According to the release, FortisBC expects to triple its supply of RNG by the end of 2022 and to assist in reaching CleanBC objectives.
Under FortisBC's previously announced "30BY30" target the company targeted reducing its customer emissions by 30 pct by 2030 (compared to 2007 levels) by: investing in low and zero carbon transportation; supporting the growth of renewable gases; using LNG to help lower global emissions and increasing investment in energy efficiency and conservation. By the end of 2020, FortisBC reduced customer emissions by 420,000 tonnes of carbon dioxide equivalent (CO2e) -- equivalent to taking 128,000 cars off the road in one year.
(Source: FortisBC, PR, Cdn. Biomass, 26 Oct., 2021) Contact: FortisBC, Roger Dall'Antonia, CEO, Pres., www.fortisbc.com, www.fortisinc.com/rng
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"ICE was founded in 2000 to digitize the energy markets and provide greater price transparency. We've been transforming markets, products and processes ever since. By combining our world class technology with our leading data services and operating expertise, we add transparency and enable customer efficiency gains that advance both our networks and solutions for our customers. It is this consistent and strategic approach that has propelled our expansion from a small technology network serving the U.S. power industry just over two decades ago, into a global enterprise that operates networks across the major asset classes", according to the ICE website. (Source: Intercontinental Exchange, PR, Feb., 2021) Contact: Intercontinental Exchange, +44 20 7825 8000, www.intercontinentalexchange.com
More Low-Carbon Energy News Carbon Emisions, Carbon Credit,