The Wyoming Energy Authority and Energy Resources Council recommended funding requests for carbon capture utilization and storage projects...
U.S. energy firms push states for carbon markets to spur renewable fuel growth
U.S. energy companies are pressing states to speed development of low-carbon fuel markets, warning that numerous proposed projects to make renewable natural gas and other biofuels may fizzle.
State programs, led by California’s Low Carbon Fuel Standard (LCFS), reward fuel producers for decarbonizing by producing renewable fuels, who have responded by ramping up their production of such “greener” supply.
As a result, the price of credits that refiners and other polluters can generate has dropped sharply – thereby making it less likely that companies will invest in more production facilities in coming years.
(…) Stakeholders are now eying New York, which may adopt a policy backed by the New York Climate Action Council that would call for significantly increased investment in renewable diesel through 2030.
“The replacement of diesel with renewable diesel and green hydrogen will reduce harmful fine particulate matter emissions in disadvantaged communities,” the council said in a draft plan released in October.
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Carbon capture, hydrogen projects gain funding from Wyoming agency
Kentucky forms a regional hydrogen hub workgroup
The primary purpose of the hydrogen hub workgroup will be to develop projects eligible for funding under the...