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The Department of Agriculture is awarding more than $5.6 million in grant payments to 220 advanced-biofuel companies under its Advanced Biofuel Payment Program. The agency is also handing out $4 million in grants to bioenergy projects under its National Institute of Food and Agriculture. The grants are part of the Obama administration's "all-of-the-above" approach to U.S. energy policy, said Agriculture Secretary Tom Vilsack.

Indonesia and Norway have agreed on a first payment from a $1 billion deal under which Indonesia preserves its rainforests to curb carbon dioxide emissions.

Chevrolet is buying up emissions credits linked to 11,000 acres of grasslands in North Dakota. In exchange for payments from Chevrolet, the ranchers who own the land agree not to till their properties, reducing carbon emissions. "The amount of carbon dioxide removed from our atmosphere by Chevrolet's purchase of these credits equals the amount that would be reduced by taking more than 5,000 cars off the road," said Agriculture Secretary Tom Vilsack.