Remove Concept Remove Louisiana Remove Purchase Remove Renewable
article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

The sale includes all of Delek’s membership interests in AltAir Paramount, LLC which operates a 3,000 barrel per day renewable diesel and renewable jet fuel facility, Delek’s idled Paramount refinery, and associated pipelines and storage tanks. Earlier post.). Delek US Holdings, Inc.

Renewable 150
article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. This concept is often called “additionality.” 2) Examples of Renewable Energy Projects. Additionality.

article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. This concept is often called “additionality.” CONCLUSION.

Carbon 255