HomeDESG NewsDevvStream Hires Dr. Rensing as Low Carbon Fuels Advisor

DevvStream Hires Dr. Rensing as Low Carbon Fuels Advisor

DevvStream appoints Dr. Michael J. Rensing, former head of the British Columbia Low Carbon Fuel Standard Program (BC LCFS), as its Low Carbon Fuels Advisor. 

Dr. Rensing has been instrumental in developing and implementing successful low-carbon fuel policies and legislation, including the BC LCFS. Carbon credits sold into this market are among the world’s highest in value, with 2022 prices ranging over C$440.45 per credit.

He led the BC LCFS program that has been responsible for about 30% of the emission reductions achieved by the province. This makes it one of the most successful low-carbon fuels programs in North America.

In his new role as Low Carbon Fuels Advisor at DevvStream, Rensing will provide strategic guidance and support the development of low-carbon fuel offset and credit programs on behalf of the company to develop and commercialize advanced low-carbon fuel technologies.

Commenting on his new appointment, Dr. Rensing said:

“I am excited to join the team at DevvStream and continue my work towards a more sustainable future.”

Read the full news release here

Most Popular

Has the Energy Transition Failed and is it Over?

Many fail to realize this is not the first energy transition. Although the media have made it appear as if it’s the first energy transition,...

Global Consortium Backs Early Coal Retirement With Carbon Credits

The Coal to Clean Credit Initiative (CCCI), with help from The Rockefeller Foundation, teams up with ACEN Corporation to look into a pilot project...

Voluntary Carbon Credit Buyers Willing to Pay More For Quality

The recently released "State of the Voluntary Carbon Markets 2023" report by Ecosystem Marketplace (EM) reveals a significant trend shift within the VCM. It...

UAE’s $30B Climate Fund: A Boon or Concern for COP28 Dialogue?

The United Arab Emirates (UAE) is gearing up to launch a substantial climate-related investment fund, $30 billion, in collaboration with BlackRock, TPG, and Brookfield.  This...

What Is COP28? Key Issues to Watch Out at 2023 Climate Summit

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations...

Climate Disclosure: New Corporate Standards for a Net Zero World

As part of the world’s continued efforts to combat climate change and transition towards net zero, one important piece of the puzzle is new...

Carbon Pricing: Understanding The Economics and Trends of Fighting Climate Change

As global temperatures continue to rise, the urgency surrounding climate policies has intensified, thrusting carbon pricing into the limelight of climate discussions. The race to...

The EU Corporate Sustainability Reporting Directive (CSRD): Key Things to Know

Companies operating in the European Union will have to deal with new non-financial and sustainability reporting requirements starting January 2024 with the EU's Corporate...