ExxonMobil today announced an agreement with Global Clean Energy (GCE) Holdings to purchase renewable diesel fuel for a period of 5 years.
Photo Credit: GCE Holdings website (Fair Use)
The fuel will be produced from GCE's Bakersfield refinery, a traditional fossil fuel refinery which is currently being modified to produce renewable fuels from waste and agricultural products. Production is expected to begin in 2022.
ExxonMobil said it will purchase 2.5 million barrels per year for 5 years as part of its plans to reduce its global greenhouse gas footprint. The diesel will be sold throughout California and possibly other out of state and country markets.
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