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Westport's High Pressure Direct Injection System - GAS Doctor, GPL ...

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Environment: First Global Carbon<br />

Finance Program for Transportation<br />

• Monetizing CO 2 reductions is a challenge for truck<br />

fleets<br />

– Cost: A project is cost-prohibitive for all but the largest<br />

fleets<br />

– Regulatory uncertainty: Will transportation be included?<br />

– Quantification and verification: More difficult for mobile<br />

sources<br />

– Complexity: IPCC defaults and actual EPA results<br />

– How to price the CO 2 ?<br />

• Westport recently announced the world‘s first CO 2 finance program for transportation, to be<br />

registered to the Voluntary Carbon Standard (VCS)<br />

• The Westport Carbon Project allows truck operators to realize additional financial value<br />

from the decision to purchase a natural gas vehicle via rebate cheques from Westport<br />

• All voluntary carbon units (VCU) are real, measurable, permanent, additional, conservative,<br />

independently verified, unique, and transparent<br />

• Westport will bundle CO 2 reductions from truck operators that use our engines and re-sell<br />

CO 2 offsets to those wishing to buy them<br />

• This validates the emissions reduction of Westport engines and further supports the<br />

economic and environmental value proposition we offer to customers<br />

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