CalRecycle Climate Investments Featured in Annual Report
The numbers are in! California’s world-leading Cap-and-Trade program to combat climate change is reducing greenhouse gas emissions, strengthening local economies, and improving public health and the environment across the state, especially in disadvantaged and low-income communities.
The California Air Resources Board and the California Department of Finance just released the latest annual report tracking the progress of California Climate Investments. Among the report’s highlights:
- More than $720 million in new funding for 2017 went to projects across all of California’s 58 counties.
- Since 2014, $6.1 billion has been appropriated to 17 state agencies for projects to reduce GHG emissions.
- Projects funded to date are expected to reduce GHG emissions by more than 23 million metric tons of carbon dioxide equivalent (CO2e), roughly the equivalent of taking 4 million cars off the road for a year.
In 2017, CalRecycle awarded a total of $38 million in California Climate Investments through its Organics Grant, Food Waste Prevention and Rescue Grant, and Recycled Fiber, Plastic, and Glass Grant Programs.
CalRecycle’s California Climate Investments in the waste and recycling sector continue to be among the most cost-effective of all climate reduction strategies, with grants ranging from $9 to $15 per metric ton of CO2e reduced.
The report features profiles of two CalRecycle grant recipients that highlight the impact these investments are having on individuals and communities.
Move over Farm-to-Fork! There is a new sustainability movement emerging in California that is reducing waste, cutting GHG emissions, and providing access to new green jobs in communities across the State. You can see it on display at Command Packaging’s manufacturing facility south of downtown Los Angeles in Vernon. Think of it as “Ag-to-Bag.”
The second phase of a massive $100 million organic waste recycling infrastructure project is now online in Riverside County. Southern California waste management and recycling company CR&R just doubled capacity to transform the region’s food and green waste into biofuel.
These success stories and others, as well as information on other climate investments and the program’s goals and targets, can be read online in the California Climate Investments 2018 Annual Report.