Reduction of Lifecycle Carbon Emissions In Fleets: Why Now

Reducing carbon intensity of fuels used in the transportation industry has gained a lot of attention in recent years due to changing environmental regulations and pressure from supply chain partners. As the largest contributor to greenhouse gas emissions in the United States, the commercial transportation industry is a major player in creating a lower carbon future.¹  

These circumstances are helping drive urgency for freight carriers to implement lower lifecycle carbon emission solutions within their fleets. 

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Lower carbon fuel producers, like Chevron Renewable Energy Group are responding to this need by actively providing solutions that align with environmental regulations while also helping carriers to meet their targets and maintain operations. 

To better understand the lower carbon conversation within the freight and shipping industry, Chevron Renewable Energy Group teamed up with FreightWaves to survey a variety of carriers about their perceptions and use of lower carbon fuels. A key finding from the survey revealed an opportunity to show 62% of carriers, that using alternative fuels, is a realistic option for their fleets. 

To highlight and further explore this and other survey findings, Chevron Renewable Energy Group published a white paper titled, “Reduction of lifecycle carbon emissions in fleets: why now?” 

The white paper covers topics such as: 

• Benefits of an incremental transition to lower carbon fuels—taking smaller steps today rather than making substantial changes all at once in the next five to 10 years 
• Financial incentives that can help carriers embrace more lower carbon solutions typically without changing their operations 
• Available solutions and infrastructure resulting from the expanding accessibility of high-quality alternative fuels  
   

The white paper also shares insights on current market pressures and opportunities, and addresses carriers’ concerns about lower carbon fuels—such as cost and implementation. 

Lowering lifecycle carbon emissions is more than a trend in a competitive landscape where customers are looking to reduce their carbon intensity targets and to stay current with social demands. It’s important to your plan — now and for the future.