Policies & Pressure

The Carbon Tax ("CT") increases the cost of consuming fuels, such as gasoline and diesel, at the pump.

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The Clean Fuel Standard ("CFS") imposes penalties on companies that supply carbon-intensive fuels, such as diesel, while rewarding companies that supply cleaner fuels, such as natural gas.

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Consumers and investors are using their wallets to demand change. Asset managers have warned companies that they will not invest in them unless they try to de-carbonize, while the Task Force on Climate-related Financial Disclosures ("TCFD") works to increase the public exposure and scrutiny of companies without climate initiatives.

To remain competitive and attract investment, fuel-intensive businesses need a practical clean fuel solution.

Liquefied Natural Gas ("LNG") presents a market-ready, sustainable solution to supply clean-burning fuel for businesses such as Heavy Haul (Class 8) Trucking, Mine Haul Trucking, Rail Freight, and Remote Power Generation.

Advantages of LNG vs Diesel

Carbon Dioxide Emissions Reduction - as much as 25.0%, increasing with biogas use.

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Fuel Cost Savings - greater than 30.0%, increasing as Government policy punishes diesel supply and consumption.

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Particulate Matter Reduction - as much as 58.0%. Particulate Matter is detrimental to environmental and physical health.

Nitrogen Oxides ("NOx") & Sulphur Oxides ("SOx") Reduction - NOx and SOx contribute to acidification on land and at sea.

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Regulatory Compliance - businesses switching to LNG fuel are eligible to earn credits under the Clean Fuel Standard.

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Low Risk - LNG has the best safety record of all common fuels and is completely non-toxic.

LNG is natural gas cooled to -162°C to become a liquid, at which point it holds 1/600th the volume of its gaseous state. LNG is best suited for heavy-duty applications, and vehicles traveling long distances.

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CNG is natural gas compressed to greater than 3000 PSI and is best for medium-duty vehicles traveling moderate distances, such as a city bus, or a garbage truck.

Advantages of LNG vs. CNG

Fuel Capacity - LNG tanks hold 2.5x more fuel than a similar-sized CNG tank.

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Weight - LNG fuel tanks are lighter than CNG tanks as they are not pressurized.

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Safety - Double-walled tank storage to preserve refrigeration, as well as low pressure, makes LNG storage safer than CNG.

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Energy Density - Relative to CNG, LNG contains 2.4x more energy per diesel liter equivalent.

Refueling Cost - CNG infrastructure and operation demands high volumes of electricity to achieve the compression necessary for a "fast-fill" CNG station.

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Refueling Speed - As LNG is a liquid, refueling time is comparable to gasoline or diesel, whereas CNG requires a high level of compression to refuel quickly.

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Market Access - LNG can provide fuel cost-effectively for markets CNG cannot, such as remote power generation.

LNG Advantage vs Other Fuels

Carbon Intensity

(gCO2eq/MJ)

Fuel Cost

($/DLE)

Infrastructure

& Scalability

LNG

65.0

$0.50

Compatible with Existing Infrastructure

Diesel

100.0

$1.00

Widely Available

Battery Electric​

(Charging)

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Variable on

Source of Electricity

$2.50

Major Infrastructure Development Required

Hydrogen​

(Fuel Cell)

Low: Variable on

Source of Hydrogen

$4.30

Major Infrastructure Development Required