New York to Grant $7.8Mn for Low-Carbon Fuels
The New York State Energy Research and Development Authority (NYSERDA) plans to award up to $7.8mn in grants to speed the deployment of innovative low-carbon fuels in the state.
The funds — which come from New York's quarterly sales of power plant carbon market allowances — are meant to cover some of the cost of one or two pilot projects that aim to turn in-state waste feedstocks into climate-friendly fuels. The goal is to "de-risk scale up" of innovative fuel pathways, NYSERDA said.