Published by Todd Bush on November 5, 2024
Greenhouse Gas Reduction Goals Improve Health and the Environment in California While Supporting New Investment in Renewable Energy
CUPERTINO, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced strong support for the updated Low Carbon Fuel Standard (“LCFS”) proposal and strongly urges its adoption by the California Air Resources Board (“CARB”) at its meeting on November 8, 2024.
>> In Other News: Announcement of New Minnesota SAF Plant Advances Strategy to Lead the World in Decarbonizing Air Travel
“CARB has shown that the LCFS is a highly effective program to reduce greenhouse gas emissions and improve air quality in California,” stated Eric McAfee, Chairman and CEO of Aemetis. “We look forward to the adoption of 20 years of new LCFS goals which support the decarbonization of transportation in California while also generating new jobs and billions of dollars of investment. Working together, CARB, unions, agriculture, industry, and impacted communities can strengthen the LCFS and create positive outcomes for California’s citizens and the state’s environment. We applaud CARB’s staff for their work and urge the Board to quickly adopt the updated LCFS,” added McAfee.
The updated LCFS supports CARB’s goals for 2045, which are expected to improve air quality for disadvantaged communities located near air pollution emissions sources, reduce greenhouse gas emissions by 85%, create more than 4 million jobs, and save Californians billions of dollars in health costs associated with pollution.
Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel, and biochemicals company focused on the operation, acquisition, development, and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis also owns and operates a 60 million gallon per year production facility on the East Coast of India producing high-quality distilled biodiesel and refined glycerin for customers in India and Europe. Additionally, Aemetis is developing a sustainable aviation fuel (SAF) and renewable diesel fuel biorefinery in California to utilize renewable hydrogen, hydroelectric power, and renewable oils to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🗑️ The Next Big Thing in Carbon Capture? Trash. ⚡ Hydrogen Hope on the Chopping Block: How ARCHES and Other Blue-State Projects Got Caught in the Crossfire 📊 GEP Expands Carbon D...
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
New CTO Helin Cox to Propel Climeworks’ Carbon Removal Tech to the Next Level
Zürich April 1st, 2025 – Helin Cox, an experienced engineer with a track record of successfully scaling critical climate technologies, joins Climeworks as Chief Technology Officer, effective immedi...
New Technology Leverages Renewable Energy Solutions and Advances Conagra's Climate Change Goals CHICAGO, April 1, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) and Bloom Energy (NYSE: BE),...
Vitry-le-François, France – April 2, 2025, 08:00 am (CET) – Haffner Energy (ISIN: FR0014007ND6 – Ticker: ALHAF) (the "Company") announces the success of its €6,995,496M cash Capital Increase with p...
The Texas Railroad Commission permits provide for 12 salt caverns capable of storing natural gas, hydrogen, natural gas liquids and other products at TRU Hub, which is located in Southeast Texas in...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.