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Climate Protection Plan and Community Climate Investments by Tim Miller

Forth
Forth

Tim Miller, Consultant at Seeding Justice gave this presentation at Forth and BEF's PNW Utility EV Roundtable on November 16, 2023.

Climate Protection Plan and Community Climate Investments by Tim Miller

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Climate Protection Plan
and
Community Climate Investments
November, 2023
Preview
● Seeding Justice Background
● Climate Protection Plan
● Community Climate Investments
● Co Benefits
● Project Types
● Community-Centered Approach
● Timeline
● Q&A
2
Background - Seeding Justice
For nearly 50 years, Seeding Justice (formerly
MRG Foundation) has responded to community
calls and actively pushed against systemic
injustice and harmful narratives.
Our programs are based on trust, relationships,
and true partnership, and founded on the belief
that the communities most impacted are the
ones best equipped to solve the issues they face.
Some examples of community-led funds and
programs include, and is not limited to:
● Reproductive Health Equity Fund (RHEF)
● Oregon Worker Relief (OWR)
● Chúush Fund, Water for Warm Springs
● Columbia River Restoration Fund
3
Oregon Climate Protection Program (CPP)
● Enacted under Oregon’s Department of
Environmental Quality (DEQ)
● Prompted by 2020 Executive Order to
limit Oregon CO2 emissions from
“Covered Entities”
○ Natural Gas
○ Gasoline and Liquid Fossil Fuels
● Launched in 1/2022
● Covered Entities must comply with
emissions caps, which decline every year
4
Declining Emissions Over Time
5
Community Climate Investments (CCI)
● Compliance option: Community
Climate Investments (CCIs).
● Fuel suppliers can secure a CCI credit
(1 MT of CO2) by making a contribution
to a DEQ-Approved Non Profit CCI
Entity.
● Current rate is $123 / credit.
● CCI Entities, in turn, invest in projects
that reduce anthropogenic greenhouse
gas emissions in Oregon’s
communities – focused on also driving
co-benefits.
6
D
E
Q
Ad

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Climate Protection Plan and Community Climate Investments by Tim Miller

  • 1. Climate Protection Plan and Community Climate Investments November, 2023
  • 2. Preview ● Seeding Justice Background ● Climate Protection Plan ● Community Climate Investments ● Co Benefits ● Project Types ● Community-Centered Approach ● Timeline ● Q&A 2
  • 3. Background - Seeding Justice For nearly 50 years, Seeding Justice (formerly MRG Foundation) has responded to community calls and actively pushed against systemic injustice and harmful narratives. Our programs are based on trust, relationships, and true partnership, and founded on the belief that the communities most impacted are the ones best equipped to solve the issues they face. Some examples of community-led funds and programs include, and is not limited to: ● Reproductive Health Equity Fund (RHEF) ● Oregon Worker Relief (OWR) ● Chúush Fund, Water for Warm Springs ● Columbia River Restoration Fund 3
  • 4. Oregon Climate Protection Program (CPP) ● Enacted under Oregon’s Department of Environmental Quality (DEQ) ● Prompted by 2020 Executive Order to limit Oregon CO2 emissions from “Covered Entities” ○ Natural Gas ○ Gasoline and Liquid Fossil Fuels ● Launched in 1/2022 ● Covered Entities must comply with emissions caps, which decline every year 4
  • 6. Community Climate Investments (CCI) ● Compliance option: Community Climate Investments (CCIs). ● Fuel suppliers can secure a CCI credit (1 MT of CO2) by making a contribution to a DEQ-Approved Non Profit CCI Entity. ● Current rate is $123 / credit. ● CCI Entities, in turn, invest in projects that reduce anthropogenic greenhouse gas emissions in Oregon’s communities – focused on also driving co-benefits. 6 D E Q
  • 7. Funding Forecast: Sizable, but Uncertain 7 ● Initially: $10s Million / Year ● Long Term Estimate ○ $150 Million / Year ○ Up to potentially $300 Million / Year ● Several Uncertainty Factors ○ No historical data ○ Weather ○ Fuel Prices ○ Supplier Strategy ○ Policy ○ Technology ○ Lawsuits
  • 8. Project Requirements & Co-Benefits ● MUST: CO2 emissions reduction ● IDEALLY: ○ At ~$100 / MT CO2, and ○ Offer other co benefits ■ Air Pollution - Reduce particulate emissions by eliminating diesel ■ Water Pollution - Capture discharge to make biofuel ■ Wealth Building - Install solar array with workforce training ■ Education - Implement community solar with ongoing K-12 education 8
  • 9. Eligible Projects & Examples ● Energy Efficiency ● Renewable Energy ● Transportation Decarbonization ● Industrial Processes & Materials
  • 10. Energy Efficiency ● Reduce GHG emissions by reducing fossil fuel energy consumption ● Examples ○ Home / Commercial: Deep Energy Retrofits ○ Community Center / Schools: Passive building enhancements ○ Heat pumps, HPWH, etc. 10
  • 11. Renewable Energy ● Reduce GHG emissions by generating power from renewable sources ● Examples ○ Rooftop and community Solar ○ Small scale wind energy ○ Biomass electricity generation 11
  • 12. Transportation Decarbonization ● Reduce GHG emissions due to transportation ● Examples ○ Replace & electrify fleets ○ Access to charging ○ Install shore power at ports ○ Electric car sharing 12
  • 13. Industrial Processes & Materials ● Reduce GHG emissions due to industrial processes and manufacturing of industrial materials ● Examples ○ Efficiency in metal processing ○ Low CO2 cement ○ Equipment improvements 13
  • 14. Ineligible Projects ● Natural Climate Solutions ○ Forest Investments ○ Regenerative Agriculture ● Carbon Sequestration ○ Carbon Offsets ○ Direct Air Capture 14
  • 15. Rooted in Community ● Problems identified by community ● Solutions developed by community* ● Projects implemented with community* * With support / assistance from experts, as needed 15
  • 16. Project Types & Funding ● Project Types ○ Off the Shelf (2024+) ■ Expansion of Existing Projects ■ Matching Funds ○ Community Led and Designed (2026+) ● Funding ○ Nonprofits ○ For-profits 16
  • 17. Timeline & Next Steps 17 1Q2024 CCIE Contract Negotiations Start Accepting CCI Contributions 2Q2024 Work Plan Finalized 2H2024 Initial Investments* * May be impacted by pending litigation