NYC LL97 in Focus: Multifamily Pathways to 2030
Urban Green Council | July 2023
Local Law 97 (LL97) is sometimes cast as a law about gleaming Manhattan office towers and luxury condos. While they draw the headlines, most of LL97’s 50,000 covered buildings are the more ordinary places where many New Yorkers live: co-ops, condos, market-rate rentals and rent-stabilized apartment buildings.
In the years ahead, these multifamily buildings face the biggest transition because they use far more fossil fuels than most commercial buildings. But improvements in these buildings don’t need to happen overnight, and there are increasingly generous government incentives to complete this work. Now is the time for building managers and owners—including co-op boards—to plan incremental investments over time to reduce energy use and cut carbon emissions. For most, that means starting with energy efficiency measures like upgrading lighting, improving steam radiators, adding insulation, and in some cases, electrifying hot water systems.
Ten things to know about the first ISSB Standards
by IFRS | June 27 2023
Better information leads to better economic decisions. IFRS S1 requires companies to communicate the sustainability-risks and opportunities they face over the short, medium, and long term. The requirements are designed to ensure that companies provide investors information relevant to decision-making. IFRS S2 sets out specific climate-related disclosures and is designed to be used with IFRS S1. Both Standards are based on recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
IFRS Releases Global Sustainability and Climate Reporting Standards
ESG Today | June26, 2023
The new standards will begin applying for annual reporting periods beginning as of January 2024, with companies beginning to issue disclosures against the standards in 2025.
"First of its kind” wastewater-to-RNG project celebrated in New York
Bioenergy Insight | June 19, 2023
DEP and National Grid were joined by New York City Deputy Mayor for Operations Meera Joshi, EPA Region 2 Administrator Lisa Garcia, elected officials and community members last week.
The project, a first of its kind, is producing a reliable source of clean, renewable energy, reducing the amount of organic waste sent to landfills, and is already improving air quality, according to NYC.
AstraZeneca announces innovative partnership with Vanguard Renewables to decarbonize its United States sites
Press Release | June 13, 2023
From June 2023, AstraZeneca will begin purchasing RNG produced by Vanguard Renewables for its Newark Campus in Delaware, where the Company packages 26 medicines for distribution across the U.S. and makes medicine formulations for global supply. By 2026, this collaboration will enable as much as 650,000 million British thermal units (MMBtu), or 190,500 megawatt hours (MWh) per year, of RNG to be used across AstraZeneca’s U.S. sites, equivalent to the energy required to heat more than 17,800 U.S. homes for a year.
The I-REC Standard Foundation reaches agreement with new global consortium to develop tracking standards for biogas and biomethane.
M-RETS | June 2023
How the EPA’s Renewable Fuel Standard program changes could be a boon for landfill and AD operators.
By WasteDive | Feburary 16,2023
Proposed changes to the federal Renewable Fuel Standard program could be a financial boost for operators generating energy from landfills and anaerobic digesters, depending on how the final details shake out.
Biogas Poised to Seize RFS Potential
While Environmentalists Push to Kill RFS e-RINS Proposal, Biogas Industry Ready to Grow
By DTN | February 2, 2023
Roanoke Gas gets state nod for renewable natural gas project
By Laurence Hammack | Jan 24, 2023
In an order issued Monday, the State Corporation Commission found that the joint project with the Western Virginia Water Authority is in the public interest.
BP to buy U.S. biogas producer Archaea for $4.1 bln
Reuters | October 17, 2022
The deal will be the largest ever RNG acquisition, topping Chevron Corp's (CVX.N) $3.15 billion buyout of biodiesel maker Renewable Energy Group Inc earlier this year.
Why should we care about hydrogen carbon intensity?
McKinsey Research | September 23, 2022
What is ESG, Why It’s Controversial — and Why It Shouldn’t Be
by RMI | August 19, 2022
TC Energy in first RNG production at Jack Daniel's Distillary
Gas Pathways | October 17, 2022
Owned by Lynchburg Renewable Fuels, the facility will produce RNG with a carbon intensity score 50% lower than traditional natural gas, preventing about 16,000 mt/yr of CO2 emissions. The project is being developed by 3 Rivers Energy Partners, which is also an owner in Lynchburg Renewable Fuels, and is expected to be operational in 2024.
Feedstock is a byproduct of the Jack Daniels distilling process, broken down to generate methane gases. A biogas upgrade plant will remove contaminants to produce pipeline-quality RNG that will be directly connected to a local natural gas utility. Liquid fertiliser will also be produced for local agricultural markets.