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What is a CI score, and how does The Oaktree score?
Carbon intensity (CI) scores are the backbone behind California’s Low Carbon Fuel Standard, and are measured in grams of carbon dioxide equivalent per megajoule of energy (gCO2e/MJ). Each year, the California Air Resources Board (CARB) sets a carbon intensity benchmark for all fuels. Fuels with CI scores above the benchmark create deficits which can be satisfied by purchasing LCFS credits generated by fuels with CI scores below the benchmark. The more the CI is below the benchmark, the more valuable the corresponding credit, everything else being equal. Renewable natural gas generated from animal waste tends to carry negative CI scores, and as such, generally receives more favorable pricing in California than RNG produced from landfills.
The Oaktree where Reagrio is a vital part, has a CI score below zero. Already Reagrio is below zero, by adding Algistor who securest the CO2 and NOx.
Oaktree’s CI score being below zero is considered advantageous for several reasons:
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Differentiation: Having a CI score below zero sets Oaktree apart from its competitors in a unique way. It signifies that Oaktree has a distinct identity or positioning in the market, which can be appealing to investors and clients seeking a different approach or perspective.
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Contrarian Investing: Oaktree specializes in contrarian investing strategies, which involve identifying undervalued or distressed assets. A CI score below zero reinforces Oaktree’s contrarian mindset and positions them as a company that is willing to go against conventional wisdom to uncover hidden opportunities.
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Risk Management: A CI score below zero suggests that Oaktree has effectively managed its reputation and mitigated negative perceptions. It indicates that Oaktree has implemented robust risk management practices and has the ability to navigate challenging market conditions successfully.
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Long-Term Value: It can indicate that Oaktree is focusing on long-term value creation rather than short-term market fluctuations. Investors who prioritize sustainable growth and value appreciation may be attracted to a company with a CI score below zero as it implies a commitment to long-term success.
Advanced Notice of Proposed Rulemaking on Potential Future Designations of Per- and Polyfluoroalkyl Substances (PFAS) as CERCLA Hazardous Substances
EPA is finally looking to handle the global PFAS problem.
Reagrio is urging all sewage plants to stop using the sewage for agricultural applications. The plants are absorbing PFAS and it leaks into the water, returning to the ecosystem as rain. Reagrio has a technology that destructs PFAS on a large scale.
Summary
EPA is issuing an Advance Notice of Proposed Rulemaking (ANPRM) asking the public for input regarding potential future designations of per- and polyfluoroalkyl substances (PFAS) under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).
This request for input and information follows EPA’s September 2022 proposed Notice of Proposed Rulemaking (NPRM) designating PFOA and PFOS as CERCLA hazardous substances. EPA is currently reviewing comments received on the proposed rule.
The ANPRM is not a regulatory action.
EPA is asking for public comment on the proposal for 60 days — comments must be received on or before June 12, 2023
How effective is Biochar?
One ton of biochar sequesters 3 tons of carbon dioxide, according to Chemists Without Borders, a nonprofit group of scientists combating climate change.
ENERGY & ENVIRONMENT GOVERNMENT & POLITICS Biden’s EPA proposes tough new carbon emission limits on ‘dirtiest’ power plants
The Biden administration is promoting an ambitious plan to drastically reduce coal and natural gas pollution for the next two decades, saying that it could save up to $85 billion in climate change mitigation and public health costs.
The Environmental Protection Agency says its new rule, released Thursday, is based on “cost-effective and available control technologies,” and will avoid as much as 617 million metric tons of CO2 emissions through 2042, the equivalent of reducing the annual emissions of 137 million passenger vehicles. The agency claims it will also prevent hundreds of premature deaths and hospital visits, thousands of asthma attacks and relieve the burden of environmental justice communities disproportionately afflicted by power plant pollution. In 2022 alone, the electric power sector accounted for about 1.5 billion metric tons of CO2 emissions.The new regulations require coal-fired power plants to cut greenhouse gas emissions by 90% by 2030, and natural gas power plants must eliminate the same level of pollution by 2035.The new rule would force utilities to shut down power plants that cannot reach the lower emissions standards within the aggressive timeline. Nevertheless, utilities can avoid most of the new pollution requirements if they close those plants by the early 2030s.According to the EPA, the proposed rules will build on the historic investments in clean energy made under the Biden administration and for an electric power industry that has cut carbon dioxide emissions by 36% since 2005.