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Stock impact report

Chevron, Clean Energy Fuels Extend Adopt-a-Port Initiative to Reduce Emissions

Clean Energy Fuels Corp. (CLNE) 
Last clean energy fuels corp. earnings: 11/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cleanenergyfuels.com
Company Research Source: Business Wire
SAN RAMON, Calif. & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--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.In addition to providing funding for Adopt-a-Port, Chevron supplies RNG to Clean Energy stations near the ports. Chevron’s funding will allow truck operators to subsidize the cost of buying new or converting to RNG-powered trucks. Clean Energy, meanwhile, will manage the program, including offering fueling services for qualified truck operators.Truck operators participating in the program, which supports the ports’ Clea Show less Read more
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