PRZOOM - /newswire/ -
Bury, Lancashire, United Kingdom, 2009/11/20 - Independent national energy supplier, Crown Oil UK, has launched its latest innovation – a fuel with 100 percent carbon offset.
Independent national energy supplier, Crown Oil UK, has launched its latest innovation – a fuel with 100 percent carbon offset. Targeted at businesses in construction, utility, plant and rail industries, the standard red-diesel has been totally carbon offset in an arrangement with a leading carbon offset provider, allowing users to more easily meet their carbon reduction commitment.
Managing director, Matthew Greensmith, explained, “Nine months ago, we decided at Crown to carbon-offset the transportation of our commercial diesel. This proved extremely popular, especially with clients in construction, where the pressure to reduce the carbon impact of their operations is intense. The new ‘green’ diesel takes this a step further.”
The carbon credits purchased by Crown Oil UK on behalf of its customers will go into worldwide carbon reduction projects. These may include: green energy production by the combustion of the landfill gas – one of the most potent greenhouse gasses, reforestation projects to lock-up carbon – this often has additional benefits for wildlife, recreation and reduction in flash flooding. These high quality carbon credits are retired from the market, reducing the world capacity to produce carbon dioxide.
Over and above this, Crown Oil UK is actively taking further steps to reduce their carbon footprint. This includes upgrading the tanker fleet to more efficient vehicles and taking active energy saving steps in the workplace with low energy bulbs, better controls and a comprehensive recycling programme for waste material.
Crown Oil UK provides a nationwide service to the construction industry, working with major contractors to provide fuel and secure storage to plant depots and construction sites.
Crown Oil UK (crownoiluk.com), The Oil Centre, Bury New Road, Heap Bridge, Bury, Lancashire, BL9 7HY, UK
Notes – Carbon Offsetting Explained
The aim of carbon offsetting is to reduce greenhouse gas emissions. Carbon offsets are measured in metric tonnes of carbon dioxide equivalent. One carbon offset equals one metric tonne. Industries that are heavy producers of green house gasses have consents, known as carbon credits that set a limit on their capacity to produce carbon dioxide and other greenhouse gasses. If they need to go beyond this cap then they must offset their carbon production by buying carbon offsets.
New carbon offsets are created by projects such as forestry or wind farms that either absorb carbon or produce carbon-free energy. Offsetting can therefore be achieved by either supporting ‘green’ initiatives or by the purchase and retirement of carbon credits so that there is less capacity available to produce greenhouse gas.