'Win for the region': Jobs, investment on tap as Imperial Oil commits to $720-million Strathcona County renewable diesel facility

“There’s going to be jobs coming out of this, and investment and local supply will be required,” he said, referring in the last case to the feedstock, or raw materials, to be sourced for renewable diesel production. “Talk is great, but this is action.”Article content

Renewable diesel is the term given to a biomass-based fuel that is chemically equivalent to petroleum diesel, transportable through pipelines and sold at retail stations without the need for infrastructure modifications or fuel blending.Article content Imperial is also a member of the Pathways Alliance, a consortium of oil and gas companies that have committed to achieving net-zero greenhouse gas emissions from operations by 2050.

The Pembina Institute, a non-profit think tank promoting energy transition, sees promise in the development.Article content

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Win for the region': Jobs, investment on tap as Imperial Oil commits to $720-million Strathcona County renewable diesel facilityStrathcona County Mayor Rod Frank is thrilled that Imperial Oil is constructing a $720\u002Dmillion renewable diesel facility just east of Edmonton.
Source: calgarysun - 🏆 63. / 52 Read more »

Pictou County Partnership launches new business improvement initiative | SaltWireThe Pictou County Partnership, the region’s economic development organization, is launching a new initiative to help local entrepreneurs get what they want from their businesses. | SaltWire
Source: SaltWire Network - 🏆 45. / 63 Read more »