ESG & Industry Updates
Inflation Reduction Act - Relevant Industry Item Snapshot
Posted by Kelly Burke on Aug 22, 2022 12:43:46 PM
Topics: Carbon Emissions, Biden Administration, environmental justice, inflation, ev, Inflation Reduction Act, Carbon Capture
Boston Based "Farm to Grid" Renewable Energy Pioneer Acquired
Posted by Kelly Burke on Jul 21, 2022 8:45:00 AM
Boston based Vanguard Renewables, a pioneer in the food & dairy industry waste-to-energy space has been acquired by BlackRock for $700 million dollars, with a plan to invest up to an additional billion dollars in the company’s expansion, according to the Wall Street Journal this morning. The expansion plan reportedly focuses on commissioning up to 100 anaerobic digesters for renewable natural gas production across the United States by 2026.
Topics: Massachusetts, methane, Carbon Emissions, renewable energy, renewable natural gas
National Grid to Pivot NY to Renewable Nat Gas, Green Hydrogen Power
Posted by Kelly Burke on Jul 7, 2022 3:30:00 PM
Topics: New York, Biofuels, Carbon Emissions, renewable energy, hydrogen
Oh Truck No! Three Northeast States Adopt Zero Emission Vehicle Rules
Posted by Kelly Burke on Mar 23, 2022 10:31:17 AM
The Advanced Clean Truck Rule, first adopted in California, has been adopted by three Northeastern States as well - namely, Massachusetts, New York & New Jersey. The rule requires an increasing percentage of medium & heavy duty trucks sold to be Zero Emission Vehicles (ZEV), beginning in 2025. The Act requires manufacturers to participate in a credit/deficit program to increase the number of ZEVs sold in the state, and a one time report detailing in-state operation of vehicles over 8500lb to "inform future decisions about emission reductions from the transportation sector".
Topics: Massachusetts, Climate Change, Carbon Emissions, Emissions, environmental justice
Preserving Forests is Critical to Slowing Carbon Change
Posted by Kelly Burke on Dec 14, 2021 11:55:00 AM
A groundbreaking report “Avoided Deforestation: A Climate Mitigation Opportunity in New England and New York” was released in September by a Clark University research group. The study measures the levels of climate mitigation that could be achieved in the Northeast if deforestation was prevented.
Topics: Climate Change, Carbon Emissions
Biden's Offshore Wind Plan Bolsters NE Clean Energy Goals
Posted by Kelly Burke on Jul 22, 2021 11:11:53 AM
The Biden Administation has the ambitious goal of bringing 30 gigawatts of offshore wind online by 2030, and 1.4 of those gigawatts are slated to come from the New England coast.
Topics: Massachusetts, Carbon Emissions, renewable energy, Clean Energy, offshore wind
MA Passes Landmark Climate Change & Environmental Justice Bill
Posted by Kelly Burke on Apr 1, 2021 3:07:36 PM
Friday, March 23rd, Massachusetts Governor Charlie Baker signed into law Senate Bill 9 "An Act Creating a Next Generation Roadmap for Massachusetts Climate Change Policy" that includes provisions described as "some of the most aggressive greenhouse gas emissions reductions targets in the country"
Topics: EV Charger, Massachusetts, Climate Change, Carbon Emissions, renewable energy, environmental justice
Maine Central Power Clears Regulatory Hurdle, Stalls on Legal Challenge
Posted by Kelly Burke on Feb 26, 2021 11:17:00 AM
Central Maine Power's proposal for a 145 mile electricity transmission line through the Western part of the State has cleared the final regulatory hurdle. Central Maine Power (Avangrid) recieved a Presidential Permit from the US Department of Energy for their $950 million dollar "New England Clean Energy Connect" (NECEC) Project to be able to cross the Canadian Border. (As an aside, if you want to read about the project in detail their website is a great resource: NECEC )
Topics: Carbon Emissions, renewable energy, maine, hydro-electric
MA refiles Vetoed Climate Change Bill, This Time with Potential Veto Proof Margin
Posted by Kelly Burke on Jan 22, 2021 1:58:54 PM
Last week Massachusetts Governor Charlie Baker vetoed a bill that committed Massachusetts to reducing carbon emissions to 85% of 1990 levels over the next 3 decades, with the goal being a 100% reduction versus 1990 levels. Included as well are interim 5 year goals, one of which is a 50% reduction by 2030. The ultimate goal of the bill is requiring Massachusetts to become carbon neutral by 2050 - which is a goal Baker has publicly endorsed throughout his tenure.
Topics: Massachusetts, Carbon Emissions
Climate Change Controversy Heats Up on Wood Pellets
Posted by Kelly Burke on Dec 22, 2020 10:48:08 AM
Topics: Climate Change, Carbon Emissions, renewable energy
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