Sunday, May 12, 2024

Government Funding For Carbon Reduction

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Open For Public Submissions

Nationals continue talks on government’s 2050 carbon emissions blueprint | ABC News

We want to hear from you. How can Canada reduce emissions by 40 to 45 percent below 2005 levels by 2030?Complete the online questionnaire before January 14, 2022 to have your say.

The transition to a cleaner, prosperous economy needs to be both an immediate priority and a sustained effort over the years and decades ahead. Canada must keep innovating to meet this long-term goal, strengthening and building on existing measures that fight climate change and transform the economy.

To avert the worst impacts of climate change, the Government of Canada is committed to achieving net-zero emissions by 2050.

This goal will require support and engagement from all parts of society, including provinces and territories, cities, Indigenous Peoples, youth, and businesses.

Doe Seeks Information On Deployment

  • DOE Seeks Information on Deployment-Ready Carbon Reduction and Removal Technologies
  • Request for Information Will Guide the Selection and Management of Critical Climate Investments of the Bipartisan Infrastructure Law

    WASHINGTON, D.C. The U.S. Department of Energy today released a Request for Information on technologies ready to be demonstrated that reduce carbon emissions and remove carbon dioxide from the atmosphere. The RFI seeks feedback from industry, investors, developers, academia, research laboratories, government agencies, NGOs, and potentially affected communities . The RFI follows the enactment of the Bipartisan Infrastructure Law, which includes more than $62 billion for DOE to deliver a more equitable clean energy future for the American people by, among other things, building the technologies of tomorrow.There is no time to waste in delivering the benefits of the Bipartisan Infrastructure Law to the American people, which includes over $10 billion to deploy effective carbon reduction and removal technologies, said Secretary of Energy Jennifer M. Granholm. DOEs request for information will help ensure this historic climate investment supports an equitable energy transition, eliminates greenhouse gas emissions, generates good-paying jobs, and enables a net-zero economy by 2050.

    This is solely a request for information and is not a Funding Opportunity Announcement. DOE is not accepting applications to this RFI.

    Us Government Allocates $60 Million To Develop Carbon Removal Technology

    The world needs large-scale investments in new technologies that remove carbon dioxide from the atmosphere, which could play a pivotal role in stabilizing the global climate by mid-century. WRI helped make this case to the U.S. government, which has allocated funding for carbon removal for the first time.

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    Government Programs Can Ease Farms Carbon Tax Burden

    The Canadian government taxes emissions from the burning of fossil fuels to motivate Canadian citizens and corporations to use less carbon-based energy sources and move toward greener energy alternatives.

    As part of international climate agreements, the government promised this country would do its part to lower global carbon emission levels. Canada now looks to increase the tax on carbon progressively over the next decade by $20 per tonne until 2030, when it reaches $210 per tonne.

    Reducing reliance on carbon-based energy such as gasoline, diesel, propane and natural gas may not be easy for Canadian farmers. They use carbon-based fuels for heating buildings, powering equipment and drying grain.

    Additional taxes will increase input costs and can be a major concern for many Canadian farmers and ranchers.

    While carbon tax exemptions exist for dyed fuels like gasoline and diesel, farmers still must pay carbon tax on many other inputs. Those with large livestock barns or who use fuels for grain drying now face significant cost increases because of the federal carbon tax.

    Although the carbon tax is going up, Canadian farmers can find relief by adopting greener energy sources. While green energy technology can be expensive, programs and funding exist to aid in their adoption. One of these is the federal governments $165 million Agriculture Clean Energy Fund. Within this program, $50 million has been allocated for purchase of energy efficient grain dryers.

    Prioritising Carbon Capture And Storage Technology

    Duke Energy Carolinas, Duke Energy Progress file carbon ...

    Carbon capture and storage is identified as a priority low emissions technology under the Technology Investment Roadmap.

    The Australian Government is investing in enabling infrastructure for large-scale deployment of the technologies. CO compression, transport and storage under $20 per tonne is a stretch goal of the roadmap.

    CCS can also be used to produce clean hydrogen, another priority technology. CCS reduces emissions from off-grid hydrogen production that uses gas or coal gasification.

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    How We Are Tracking

    • 56 projects have been announced
    • 109.7m State sector decarbonisation funding
    • 343,000 tonnes estimated ten-year carbon emissions reduction

    We estimate investments announced so far will save about 343,000 tonnes over ten years in carbon emissions. Thats the equivalent of taking around 14,000 cars off the road.

    Andrew Caseley EECA CE

    Us Department Of Transportation

    • Congestion Mitigation and Air Quality Improvement Program: Administered by the Federal Highway Administration and the Federal Transit Administration, CMAQ funds projects and programs that reduce transportation-related emissions and relieve traffic congestion. Funds are distributed locally through metropolitan planning organizations.
    • Federal Lands Access Program : The FLAP was established to improve transportation facilities that provide access to, are adjacent to, or are located within federal lands. The program supplements state and local resources for public roads, transit systems, and other transportation facilities, with an emphasis on high-use recreation sites and economic generators.
    • Voluntary Airport Low Emissions Program: The VALE Program is designed to reduce sources of airport ground emissions. The program provides funding for fueling and charging stations, low-emission vehicles, and other airport air quality improvements.
    • Transit Investments for Greenhouse Gas and Energy Reduction Program: The TIGGER Program works with public transit agencies to implement strategies for reducing greenhouse gas emissions and energy use from transit agency operations.

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    Culture Change Needed Across All Canadian Farm Types And Sizes

    Like all government plans, van den Heuvel of the Canadian Agriculture Federation says, the devil is in the details.

    Thoroughgood compares the recent budget announcements to other government programs created to incentivize what are known as beneficial management practices through grants.

    Those grants, he says, generally appealed to small farms, and didnt do a great job of appealing to the larger firms, because their spending cap was so low that it was almost a rounding error for many peoples balance sheet.

    He wonders how the government will allocate the tens of millions of dollars it has earmarked to climate-friendly farming incentives.

    I hope that the government looks at how they can make those funding programs relevant to a 30,000-acre farm, or a 50,000-acre farm you know, something thats really at scale that will really make a difference on the landscape, he says.

    Figuring out how to make those programs attractive so that all farms find them interesting not just the ones that are smaller scale I think is absolutely critical if Canada wants to make a real impact on the agricultural landscape.

    Farmers and advocates say that the details of how new federal funding is allocated matter, and cant be targeted to one specific size or type of farm operation. Photo: Sara Hylton / The Narwhal

    Van den Heuvel agrees.

    We just have to make sure that whatever put in place is representative of the entire sector.

    Grants Available For Carbon Farming Projects

    Morrison government to create $1 billion low emissions technology fund

    The $15 million program is designed to help farmers overcome financial barriers to entering the growing carbon market.

    The grants will help farmers develop revegetation programs or to move to farming systems that build carbon dioxide stored in the soil so it is removed from the atmosphere.

    This will aid in increasing long-term profits while also reducing our carbon footprint to help solve the problem of global climate change.

    The program will deliver additional outcomes including improved biodiversity and conservation, agricultural productivity, overall soil health including salinity, along with Aboriginal economic and cultural opportunities.

    A separate funding stream is available to researchers and institutions for innovative carbon storage projects that produce data to support carbon farming in WA.

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    Fertilizer Waste Isnt Just Bad For The Climate Its Just Wasted Money

    Among the other climate-friendly farming practices highlighted in the recent budget is nitrogen fertilizer management.

    Fertilizer has been pegged as a significant contributor to the climate impact of agriculture. Some 70 per cent of crop farms apply fertilizer, according to Statistics Canada.

    When fertilizer is applied in the wrong quantity or wrong location, it can end up as runoff.

    When nitrogen fertilizer is lost as runoff, it ends up as a greenhouse gas. It has been estimated that as much as 20 per cent of nitrogen fertilizer is lost as runoff, which can end up being a significant contributor to carbon pollution.

    Nitrogen waste is bad for the environment, but its also bad for the farmer, Ross tells me. Its just wasted money.

    Federal funding aims to help farmers reduce nitrogen runoff. One of the key ways farmers can pinpoint ways to reduce waste is to hire an agronomist who can come up with a tailored, specific plan for when, how and what rate fertilizer is applied, based on crop needs and soil conditions. But that costs money.

    And for many farmers, these sorts of decisions will come down to whats good for the bottom line, Paul Thoroughgood, who farms 2,000 acres of canola, green lentils, flax, spring wheat and winter wheat just south of Moose Jaw, Sask., says.

    Fertilizers are our largest expenses on the farm, he says. We recognize that there is a greenhouse gas implication to that. So by making the most efficient use of that fertilizer, its a double win.

    Government To Announce 1bn Fund To Help Reduce Emissions

    Funding given to industrial decarbonisation and reducing impact of schools and hospitals

    The government will spend more than £1bn helping schools, hospitals and industry to reduce greenhouse gas emissions and encourage the growth of new low-carbon technologies in the UK, under plans set out on Wednesday.

    Kwasi Kwarteng, secretary of state for business, energy and industrial strategy said: We were the first major economy to put into law our target to end our contribution to climate change, and today were taking steps to be the first major economy to have its own low-carbon industrial sector. Ahead of Cop26 , the UK is showing the world how we can cut emissions, create jobs and unleash private investment and economic growth.

    However, the £1bn does not represent new spending, but refers to already announced spending that is now being allocated to specific projects.

    The launch of the industrial decarbonisation strategy comes as the UK prepares to host vital UN climate talks, called Cop26, postponed from last November owing to the Covid-19 pandemic, and the day after the governments integrated review of defence and foreign policy placed the climate crisis as the UKs foremost international priority.

    Ed Miliband, Labours shadow business secretary, contrasted the governments industrial plans with other countries efforts towards a green recovery from the Covid19 crisis, and said the strategy did not go far enough.

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    Support Scheme For Renewable Heat

    The Support Scheme for Renewable Heat can help your business adopt renewableheating systems by providing a grant for:

    • Air source heat pumps
    • Ground source heat pumps
    • Water source heat pumps

    The scheme is open to commercial, industrial, agricultural, districtheating, public sector and other non-domestic heat users.

    Successful applicants can get an installation grant of up to 30% of eligiblecosts, as well as ongoing operational support for up to 15 years.

    Check if you are eligible for the SupportScheme for Renewable Heat.

    Water Conservation For Business

    Department of Energy announces $44 million in grants for ...

    Irish Water has an online information hub to help businesses conserve water.This includes videos, fact sheets and how-to guides to help your businessreduce water waste. The WaterConservation for Business hub also includes practical advice for specificsectors, including:

    • Hospitality

    The Sustainable Energy Authority of Ireland offers an e-learningservice called Energy Academyto:

    • Advise organisations how to meet energy efficiency goals
    • Show how energy efficiency practices can help reduce energy waste and lower your carbon footprint
    • Upskill staff on energy efficiency

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    Companies Are Allowed To Emit Set Amounts

    The total amount of the cap is split into allowances, each permitting a company to emit one ton of emissions.

    The government distributes the allowances to the companies, either for free or through an auction.

    The cap typically declines over time, providing a growing incentive for industry and businesses to reduce their emissions more efficiently, while keeping production costs down.

    Reduce Your Companys Carbonfootprint

    Before you can reduce your companys carbon footprint, you must find outits current carbon emissions.

    Use the Governments new Climate Toolkitwebsite to:

    • Check your companys carbon footprint
    • Get practical advice on how to reduce its carbon footprint
    • Learn about sustainable, cost-efficient products and services

    You can also use the Toolfor Resource Efficiency on the Environmental Protection Agency website to do a quick overview of your companys resource efficiency relatingto water, waste and energy and get an Action Plan for Resource Efficiency.

    You can also use the EPA’s Carbon Footprint Calculator,which is free for small businesses.

    Carbon footprint calculators take all aspects of your business into account,including:

    • Heat consumption

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    Specific Epa Grant Programs

    The Office of Grants and Debarment establishes and provides national assistance agreement policies, guidance, and training oversees the Agency’s assistance agreement competition policies and practices provides compliance support administers assistance agreements and manages the Agencys Suspension and Debarment program.

    How Do You Apply

    Government insists clean energy funding go to carbon capture and storage | ABC News

    There are 4 steps in the application process:

  • Join the Emissions Reduction Fund scheme by registering yourself and your project with the Clean Energy Regulator.
  • Secure a contract with the Clean Energy Regulator by bidding at an auction.
  • Run your project and provide project reporting and auditing when scheduled.
  • Claim ACCUs for your project’s emissions reductions and be paid for the ACCUs sold.
  • Find out more about eligibility and how to apply at Emissions Reduction Fund.

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    Financial Supports For Businesses Goinggreen

    Investing in sustainable business models can be expensive, but there arefinancial supports available. The Government has made grants available tosupport businesses become more resource efficient. We have summarised themain financial supports below but you can check the SEAIand EnterpriseIreland websites for full details.

    Agriculture Is 10 Per Cent Of The Problem And 20 Per Cent Of The Solution

    The agriculture industry has long been lambasted as a significant contributor to Canadas carbon pollution it produces between eight and 10 per cent of the countrys total carbon emissions but this years budget aimed to turn that idea on its head. Farmers are major players in Canadas fight against climate change, it reads.

    And that recognition is welcome news to those in the farming community.

    Farming advocates like Ross, herself a vegetable farmer in Ontario, acknowledges that agriculture is responsible for a large chunk of national emissions. We only have nine growing seasons left , she says. And for farmers to be part of the solution we of course need to meaningfully reduce these emissions.

    But the thing is, in order to shift our practices to ones that reduce emissions, there are often high upfront costs, she added. Thats where Farmers for Climate Solutions has been advocating for federal funding.

    With public support to help us kind of manage those upfront costs, or share those upfront costs, she says, the government is acknowledging the role of farmers to be part of our climate solution.

    Macleod, the beef farmer in New Brunswick, agrees.

    Weve always maintained that agriculture is 10 per cent of the problem and 20 per cent of the solution, he says.

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    Climate Change: Chinas Central Bank Unveils Lending Facility To Spur Funding For Carbon

    China is rolling out a lending facility at extremely favourable interest rates to support businesses engaged in low-carbon emission projects and renewable energy ventures, the latest move to undergird its long-term net-zero targets.

    The Peoples Bank of China said it will provide a one-year facility for commercial banks at 1.75 per cent to subsidise their lending to green initiatives, it said in a statement on its website late on Monday. Chinas one-year loan prime rate stands at 3.85 per cent, while the five-year rate is at 4.65 per cent, unchanged since April 2020.

    Banks can tap into the lending facility for up to 60 per cent of the loans they extend to businesses in these ventures at prevailing benchmark lending rates, the central bank said.

    Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.

    Based on the premise of independent decision-making and risk-taking, financial institutions indiscriminately provide carbon emission reduction loans to all types of enterprises engaged in the key carbon emission fields, according to the statement.

    The LPR is seen as the local benchmark funding cost since a reform in 2019. While the rate is technically decided by a group of 18 banks, the cost is regarded as Beijings preference on commercial lending.

    Alberta Announces $100 Million In Tier Funding To Emission Reduction Energy Efficiency Projects

    Energy Department to offer $22M carbon capture research ...

    Seven Alberta carbon-capture and energy-efficiency projects will get $100 million in government funding in an effort to cut emissions in the energy sector.

    The cash is going towards Albertas Industrial Energy Efficiency and Carbon Capture Utilization and Storage program as part of a previously-announced $750 million from the Technology Innovation and Emissions Reduction fund.

    Albertas version of a carbon tax, TIER is paid for by the provinces largest greenhouse gas emitters.

    Premier Jason Kenney said at a news conference Thursday its about creating jobs while supporting the energy industry and reducing emissions.

    The cash will support the first phase of a carbon capture and storage project at Advantage Energy Ltd.s Glacier Gas Plant, a blue hydrogen facility at Tidewater Midstreams Brazeau River Complex, and the installation of five additional units at the Kearl Oil Sands mine facility to recover waste heat, cutting emissions and saving water.

    They are all incredible initiatives based on homegrown Alberta ingenuity and leading-edge technology, said Kenney.

    Kenney added the federal government needs to commit more to CCUS development, including incentives like tax credits.

    Video: Alberta auditors for energy efficiency in short supply

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