Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Neste, NuStar expand California sustainable aviation fuel project

Stock MarketsApr 13, 2021 09:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Stephanie Kelly

NEW YORK (Reuters) - Renewable fuels company Neste and terminal operator NuStar Energy have expanded a California project to increase their distribution of low-carbon aviation fuel, the companies said Tuesday.

Advocates for sustainable aviation fuel say the fuel is a way for the aviation industry to lower its carbon emissions to meet global efforts in fighting climate change. U.S. airlines and industry groups have been pushing the federal government to back a subsidy for the fuel to increase production.

Trucks at the NuStar-operated Selby Terminal near San Francisco can now load with sustainable aviation fuel supplied by Finland-based Neste, the companies said. The first gallons supplied through the expansion were picked up at the terminal and have been delivered to the nearby Monterey Regional Airport.

The location of the Selby terminal will allow Neste to supply sustainable aviation fuel to a growing number of airports across the western United States, the companies said in the announcement.

"We must act now to reduce emissions from air travel in order to preserve the many benefits flying brings to our lives and the economy," said Chris Cooper, vice president for renewable aviation for Neste in North America.

This is the latest collaboration between Neste and NuStar, based in San Antonio, Texas, around sustainable aviation fuel. In 2020, Neste supplied the fuel to San Francisco International Airport from the Selby Terminal using an existing pipeline.

The companies said they want to make the terminal into a hub for low-emission renewable fuels, including renewable diesel.

Neste has supplied about 220 million gallons of renewable diesel in California through the NuStar Selby Terminal over the last decade. Renewable diesel can power trucks and construction equipment.

Neste, NuStar expand California sustainable aviation fuel project
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Kaveh Sun
Kaveh Sun Apr 13, 2021 11:15AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
If u burn any #, u have polutions. It sounds good to burn ethernol but it is expensive, fertilizer polution, dead plants decompose polution and burning polution.
Ernie Keebler
Ernie Keebler Apr 13, 2021 9:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Renewable and sustainable fuels have been available for over 30 years but the oil companies have been fighting the expansion and acceptance of them since the beginning as oil co CEOs keep filling their pockets with $$$.
Kaveh Sun
Kaveh Sun Apr 13, 2021 9:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Is burning fuels produce polution?
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email