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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Clean Energy will Provide RNG for New York
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Post by ZouZS3 on Sep 18, 2020 10:57pm

Clean Energy will Provide RNG for New York

Congratulations to Clean Energy for their supply agreement with America's largest transit fleet! Clean Energy Fuels Corp. announced it has been contracted by New York Metropolitan Transportation Authority (MTA) to provide its Redeem renewable natural gas (RNG), a fuel derived from organic waste, to power the MTAs 800 natural gas transit buses. The MTA is a prime example of a major transit agency recognizing the environmental benefits and financial value of RNG, said Andrew J. Littlefair, president and CEO, Clean Energy. Were pleased to support their efforts by supplying low-carbon RNG, a cleaner fuel option that will help improve air quality and fight climate change in the region. The multi-year agreement for an estimated 25 million gallons of Clean Energys Redeem RNG is expected to reduce greenhouse gas emissions annually by 25,351 metric tonsthe equivalent of removing 5,477 gasoline cars from the road, planting 419,184 trees, and recycling 8,623 tons of landfill wasteby switching to RNG from fossil CNG. FROM Xebec FB https://www.businesswire.com/news/home/20200902005276/en/Clean-Energy-Provide-Renewable-Natural-Gas-New
Comment by Zipolitemexico on Sep 19, 2020 8:43am
This story was posted Sept 10, before the NYMTA news. This headline says it all. Demand is picking up. Great news for the supply side.  https://www.cleanenergyfuels.com/press-room/demand-for-renewable-natural-gas-accelerates-as-clean-energy-inks-deals-for-over-20-million-gallons-in-past-45-days
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