We really need to look at lowering our carbon emissions – Transforce had led the way in becoming Australia’s first carbon neutral heavy transport company…. if TBH can do it, why can’t we?
Australia has its first carbon neutral trucking company! Congratulations to Transforce Bulk Haulage in Dubbo who achieved this feat by saving fuel to reduce their carbon footprint then buying carbon credits to offset the remaining emissions.
So what’s stopping other transport firms from going carbon neutral?
Market Incentives & Barriers
Any emissions reductions need to be profitable to motivate action. According to Carbon War Room, heavy trucking can achieve huge emissions reductions using simple technologies with proven savings that are available today. Yet there are three formidable market barriers to get over:
- access to capital for high upfront costs;
- good information operators can trust;
- principal-agent split incentive problem, where in a fragmented industry often those with incentive to save fuel don’t have the cash or the control. This can occur where prime movers and trailers have different owners, where fleets are leased, where freight companies hire sub-contractors, and where…
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