FPIP Ranks 8th in CARB Climate Investment Report, Features CLFP Member Sun-Maid
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The California Air Resources Board (CARB) recently released its annual Climate Change Investment (CCI) report that ranks projects funded through Cap-and-Trade dollars. For food processors, the projects are funded through the Food Production Investment Program (FPIP), which is part of California Climate Investments, a statewide initiative that uses Cap-and-Trade dollars to help reduce overall greenhouse gas (GHG) emissions.
FPIP ranked 8th in terms of GHG emissions reduction among all CCI programs (but 15th in total funding appropriated). This is significant in that this report is only using data from last year when only one-third of the funds were awarded. The number of projects funded during the last solicitation doubled, and this will show a significant increase in next year's reporting.
Click here for a link to the CCI’s 2020 Annual Report. The FPIP benefits are summarized on page 108, and page 109 features a profile of the Sun-Maid Growers of California Compressed Air Optimization project.
To date, more than $11 billion dollars have been appropriated by the California Legislature to state agencies implementing GHG emission reduction programs and projects.
For more information contact John Larrea.