THE NET-ZERO BLOG
Climate policy analysis and updates from Sacramento
Call to Action on a Direct Air Capture Hub in California
California has identified the deployment of carbon dioxide removal, including direct air capture and biomass carbon removal, as necessary to achieving the state’s climate goals. To support these newer technologies, the federal Department of Energy is awarding four grants of up to $700 million each to establish Regional Direct Air Capture Hubs across the U.S. Without deliberate action California risks missing out on this key opportunity to establish a foundation and attract major private investment in support of its carbon removal goals.
Reflections on the inaugural California Biomass Workshop
Last week Conservation Strategy Group and the UC Davis Policy Institute for Energy, Environment and Economy co-hosted the inaugural California Biomass Workshop to address the key challenges and opportunities in delivering a sustainable bioeconomy to California. Over 200 attendees met in Sacramento for a deep dive on an issue that is critical to reaching our Scoping Plan goals while protecting California's natural and working lands. In this blog post we summarize the main takeaways from the day.
Inaugural California Biomass Workshop a key opportunity for progress
Workshop Announcement: Conservation Strategy Group and UC Davis Policy Institute for Energy, Environment and the Economy are co-hosting the California Biomass Workshop on January 31st, 2024 at the Citizen Hotel in Sacramento. The purpose of the workshop is to bring together a diversity of stakeholders from around the state to coordinate and advance solutions to address a major resource management challenge - the wood waste crisis.
Data analysis of California’s Greenhouse Gas Reduction Fund
California’s Greenhouse Gas Reduction Fund (GGRF) generates roughly $4 billion per year in cap-and-trade auction proceeds for appropriation by the Legislature to support the state’s climate goals. As legislators contemplate cap-and-trade reauthorization, including the potential to revise current GGRF allocations, we analyze the latest available GGRF data (May 2024).
How clean hydrogen can enable California’s climate goals
Hydrogen is sometimes referred to as the Swiss Army Knife of climate solutions due to its potential to replace fossil fuels in multiple sectors. However, not all hydrogen is created equal – with certain production methods better for the climate than others. Prioritizing end-uses for hydrogen based upon regional characteristics can also ensure that project investments are as optimal as possible. This blog post examines California’s opportunity to produce and consume clean hydrogen.
Governor Newsom and Legislature reach landmark agreement on Clean Energy Central Procurement
Last week the Administration and Legislature reached an agreement on a new package of clean energy policies, key to which is the proposed authorization for the Department of Water Resources to centrally procure diverse clean energy resources. By providing a demand backstop, central procurement can give investors more confidence to allocate risk-capital towards these projects.