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Australian first carbon credit scheme for industry

Users of an Australian-made diesel enhancer can now claim carbon credits, making their trucks more fuel-efficient with an official tick of approval for the product by the Australian Government’s Clean Energy Regulator. 

In what is believed to be an Australian-first, operators using the product Fyrex CI can now generate Australian carbon credit units for reducing emissions. 

Nathan Jones, the national account manager of Fuel and Infrastructure Management Australasia (FIMA), says it’s a massive win for industry, especially those looking to reduce their carbon footprint. 

“Generating an Australian Carbon Credit Unit means you’re actively reducing emissions and you can also then trade that carbon credit, so you’re generating another income stream while still using diesel,” said Jones. 

“So, for heavy diesel users, those using two million litres of diesel a year, they’ll remove roughly 2800 tonnes of carbon that they’ll save going into the atmosphere.

FIMA supplies handy electronic dosing units for bulk users.

“That equates to 2800 Australian carbon credit units and the current price for those is $30 a tonne.”

 That means an extra $84,000 flowing back into the operator’s account based on the current price for a tonne of Co2t-e. 

In ‘real terms’, Jones said that equates to a rebate of .7 cents per litre. 

“But you also get the fuel economy savings of about 7 per cent. The savings can be massive.”

 Jones said his company has also set up an aggregated vehicle project to take the carbon credit paperwork headache out of the equation for Fyrex users.

 “Anyone who buys our product we can add on to that project,” he said. 

“We’ve done all the legwork over the last 18 months and are happy to help people who are early adopters.”

 Users just need to send FIMA their fuel data every six months.

 “The only caveat the government has is that you can’t have already been using the product,” added Jones. 

“It has to pass what they call the newness test. If you’re already reducing your emissions, the government won’t give you anything for doing it.” 

Fyrex, a premium diesel enhancement pack, with a 2000-1 ratio is similar to other premium diesel brands on the market, the only difference is that it goes a lot further in its functions, said Jones. 

Like others on the market Fyrex has an anti-foam agent and a detergent to clean the injectors, but stands out from the pack with a cetane improver. 

“So, you get better bang for your buck, better burn, and we have a surfactant in there which lowers the surface tension of diesel so when it goes through the injector it has a better spray pattern so less unburnt diesel going through the exhaust system and engine, and less visible black smoke out of the truck as well add in the biocide and you have the cleanest fuel storage available”

 For bulk users, Fyrex also supplies handy electronic dosing units that add in the product automatically to diesel tanks cutting out the need for manual handling. Finished diesel can also be delivered to your site by our network of bulk fuel distributors. 

Up until now, Fyrex is better known in western NSW in agriculture and mining sectors, but FIMA is hoping the carbon credit breakthrough will entice new transport companies from the eastern seaboard to come on board. 

McCulloch Bulk Haulage in Tamworth and Wickham Freight Lines are early examples, coming on-line with the product from November 1 to do their part in reducing emissions. 

“We understand that diesel won’t be around forever, but what we can do is make diesel as clean as possible now.” 

In a Euro 6 truck that means Fyrex users achieve about 31 per cent less CO2 and in a Euro 5 it’s 43 per cent less CO2 coming out of the tailpipe, said Jones. 

“Unfortunately, the Clean Energy Regulator doesn’t recognise that as yet. We can only do it on the actual fuel efficiency, but it is something we’re working with them on to get a method developed where we can recognise the real world tailpipe emissions.”

 The Transport sector in Australia accounts for 18 per cent of the total greenhouse gas emissions, according to the Climate Change Authority.

 “Operators know, when they’re quoting for jobs, they’ve got to be showing what are you doing to reduce your carbon footprint,” added Jones. 

“To be able to submit any tenders and tell them the story that they’re part of an emissions reduction project it’s going to help them win more business as well as doing the right thing by the environment.”

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