If a fuel producer can’t meet its target by using renewable fuels itself, it can buy LCFS credits that are generated by companies exceeding their emission targets.
To help meet the new goals, California enacted the Low Carbon Fuel Standard (LCFS) that limits the amount of greenhouse gases a fuel company such as Pacific Gas and Electric can put into the atmosphere. Emissions must be reduced an additional 40 percent by 2030 - a much heavier lift. The Golden State did better than that, meeting its goal in 2016, according to the California Air Resources Board. The act required the state to reduce its greenhouse gas emissions to 1990 levels by 2020. “This area in the last one to two years has really become an interesting marketplace and we have the State of California to thank.”Ĭalifornia boosted the U.S.’s carbon credit market in 2006 with its Global Warming Solutions Act. You have a lot of cows,” said Brightmark Energy President Bob Powell. “We started listening to all of them and kind of thought we couldn’t sort through all of this, but we got it down to one company we wanted to deal with,” Larson said.įlorida has about 80 dairy farms, 124,000 dairy cows and ranks 19th in milk production out of the 50 states.īrightmark, which was founded in 2016, hopes to partner with more farms in the Sunshine State. The family initially narrowed it to three firms. Larson, whose father Louis “Red” Larson started the dairy in 1947, said more than one company sought the farm’s manure to set up anaerobic digesters that work like a stomach to break down waste to produce renewable natural gas. More: Climate change could spell trouble for Treasure Coast birds More: Sea-level rise 'accelerating' along U.S. “It’s a growing thing in the dairy industry.” “I know there are several dairy farms being approached and some of them are in different stages of negotiation,” said Okeechobee dairy farmer Woody Larson, whose storied family signed a biogas contract with Brightmark in January. Improved technology that can spin cow excrement into renewable natural gas in addition to the burgeoning carbon credit market is attracting pioneers - called developers - that build the projects, pay for the manure, then reap the benefits of selling Earth-friendly fuel and credits. View Gallery: Florida dairy farmers partner with California companies to produce biogasĪ California company has arrived in Florida for a kind of reverse gold rush, but it’s not seeking precious metal - it wants manure.īrightmark Energy out of San Francisco is one of multiple firms soliciting Florida dairy farmers to turn their cow poop lagoons into money-making biogas machines as carbon emission standards tighten to mitigate climate change.įederal renewable energy policy as well as California law allows fuel companies to reduce their pollution debt by purchasing credits from entities overachieving in carbon reduction efforts. Kinemetrics Inc 5 star by ray belleza Minervas Bridal Suite Express your most instinctive feeling of heart and mind to your loved ones. Fashion Scrubs 3 star by dsfds Kinemetrics Inc I am interested to import seismograph instruments made by Kinemetrics and a.
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