Clear Power Fuels Corp. has set objectives to supply Zero-Carbon Redeem renewable pure fuel (RNG) in any respect of its fueling stations by 2025. By transitioning solely to Redeem by 2025 and by attaining zero carbon-intensity, Clear Power would outdistance different various fuels, together with electrical energy for EVs, which aren’t excepted to hit that mark till 2045.
Zero-Carbon is predicated on the common carbon index rating (accredited by the California Air Sources Board) of Clear Power’s gasoline provide portfolio.
In 2014, the primary full 12 months it was out there, Clear Power delivered greater than 20 million gallons of Redeem to our stations, which represented 7 p.c of our total gasoline combine. Final 12 months, we delivered 110 million gallons of Redeem, which represents 53 p.c of the RNG delivered out there at present. This demonstrates a major development in demand by our prospects as they see switching to RNG as a cost-effective and straightforward strategy to meet their very own sustainability objectives. Clear Power’s personal company imaginative and prescient is instantly tied to lowering the impression of dangerous emissions from the transportation sector, and as such now we have dedicated to delivering carbon-free Redeem to all of our prospects by 2025.—Andrew J. Littlefair, president and CEO, Clear Power
The main supplier of pure fuel for the transportation business, Clear Power in its 2017 Company Sustainability Report outlined a three-pronged strategy to increasing its Redeem RNG portfolio to 100 p.c renewable power.
In 2018, Clear Power’s Redeem renewable pure fuel gasoline quantity grew by 40 p.c to 110 million gasoline gallons equivalents (GGEs), leading to 665 thousand metric tons of greenhouse fuel discount. That’s the equal of planting 11 million timber, eradicating 141 thousand gasoline-powered vehicles from the highway, and recycling 232 thousand tons of landfill waste.
In response to the rising variety of fleets requesting Redeem, Clear Power has entered into agreements with BP and others to safe an elevated provide of RNG. This could allow the stream of Redeem to quickly develop over the subsequent a number of years with new RNG manufacturing services underneath building and extra introduced.
The Company Sustainability Report was ready in accordance with International Reporting Initiative (GRI) Requirements, essentially the most widely known framework for sustainability reporting. Clear Power will proceed to trace the share and carbon index of its gasoline portfolio in accordance with the California Air Sources Board (CARB) Low Carbon Gasoline Commonplace (LCFS) lifecycle evaluation software, making progress out there on an annual foundation.