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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Canadian National Railway Company | TSX:CNR | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.26 | -0.15% | 178.37 | 177.96 | 178.52 | 179.74 | 177.92 | 178.74 | 1,051,305 | 20:14:58 |
By Adriano Marchese
Canadian National Railway Co. and Caterpillar Inc. have partnered with Renewable Energy Group Inc. to test high-level renewable fuel blends, the companies said Wednesday.
The Canadian railroad said it will test fuel blends that include both biodiesel and renewable diesel.
The efforts are in support of the company's sustainability goals, and part of a portfolio of initiatives to meet its 2030 emissions targets.
Canadian National Railway said trials and qualifications of up to 100% bio-based diesel fuel is an important step in reducing greenhouse gas emissions from its existing locomotive fleet while alternative propulsion technologies are being developed.
"This program will allow CN and Progress Rail to better understand the long-term durability and operational impacts of renewable fuels on locomotives, especially in cold weather and plan needed modifications to fully leverage their usage over the next decade," Canadian National Railway said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 03, 2021 09:08 ET (13:08 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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