Two California-based trucking associations continue to oppose plans for a major league baseball stadium to be built for the Oakland Athletics inside the Port of Oakland facility at the Howard Terminal, even as the team considers relocating to another city.
Chevron U.S.A. Inc is investing an additional $20 million in the Adopt-a-Port initiative with California renewable natural gas provider Clean Energy Fuels Corp.
Chevron Corporation (NYSE: CVX) has announced that its wholly owned subsidiary Chevron U.S.A. Inc is investing an additional $20 million in the Adopt-a-Port initiative with California renewable natural gas (RNG) provider Clean Energy Fuels Corp (NASDAQ: CLNE).
Chevron has now invested a total of $28 million in the initiative, which it says provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon negative RNG to reduce emissions. Chevron’s funding will allow truck operators to subsidize the cost of buying new or converting to RNG powered trucks, the company outlined. Clean Energy is managing the program.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Chevron, Clean Energy Fuels Extend Adopt-a-Port Initiative to Reduce Emissions
May 11, 2021 GMT
SAN RAMON, Calif. & NEWPORT BEACH, Calif. (BUSINESS WIRE) May 11, 2021
Chevron Corporation (NYSE: CVX) announced today that its wholly-owned subsidiary Chevron U.S.A. Inc. (Chevron) is investing an additional $20 million in the Adopt-a-Port initiative with California renewable natural gas (RNG) provider Clean Energy Fuels Corp. (NASDAQ: CLNE). Chevron has now invested a total of $28 million in the initiative, which provides truck operators – large fleets and owner-operators – serving the ports of Los Angeles and Long Beach with cleaner, carbon-negative RNG to reduce emissions.
Todd Fitchette
A significant shortage of truck drivers to haul agricultural goods from the fields to processing could hamper half of California production later this summer. Industry is asking for the easing of truck weight limits on California roads to allow for more efficient movement of commodities. Local, state, and federal policy issues left unchecked will continue to hamper trade regardless of the number of container vessels at anchor along the coast.
Suggested Event
Jun 15, 2021 to Jun 17, 2021
Getting agricultural exports through seaports and onto their global destination was the topic of several hours of discussion by the California Board of Food and Agriculture as the logjam of shipping vessels at anchor continues.
Jun 15, 2021 to Jun 17, 2021
The California State Board of Food and Agriculture will discuss challenges and opportunities related to overall port congestion, with a special emphasis on agricultural exports, at its meeting this week.
The Board will hear from port officials and agricultural stakeholders as well as trucking, maritime and retail industry representatives. The meeting will be held on Tuesday, May 4, 2021 from 10:00 a.m. – 1:30 p.m. via GoToWebinar.
“As we continue to experience congestion and delays at California ports, we need to look at collaborative solutions, ” said CDFA Secretary Karen Ross. “All parties, including agriculture, port authorities, shipping lines, trucking companies and others share a commitment to expand trade by moving products efficiently and effectively through a robust goods movement infrastructure. Collectively, I believe that we can find short and long term opportunities to improve freight transportation.”