So we now have our technology platform up for GoLow – there are still bits to do, but I suppose that anyone with a technology related business needs to be ready for changes and amendments. At least it means that we can still do a beta trial very soon. This will hopefully assist in our continuing fund raising efforts which all start ups go through. There was an amusing article this week that I was sent about a “green gold rush”, so it would be nice to see some of the money spoken about to go into a good home. The guys at Greenbang also covered this, although I don’t quite share their concern about Eastenders!
The rising price of oil should also assist – something which I believe is that given that oil prices are going up, transport services must either become more efficient or raise costs. The latter option is particularly difficult given the macro-economic conditions that exist at the moment, so I see a great opportunity as we are positioned to provide an answer that involves improved efficiencies. Part of the proposition is around improving fuel efficiency in vehicles which can provide significant savings and critically be far cheaper than not implementing solutions that generate efficiencies. A good friend has a large fleet of vehicles and in the last twelve months, his weekly fuel cost per vehicle has increased from around £180 per week to over £300 per week. In his case, putting in place a strategy to create efficiencies could provide an overall net saving of £50 per vehicle per week.
In the last few weeks I have started to travel all over the UK far more than previously and one of the interesting things to realise is that the choice of using public transport (particularly trains) can be immensely expensive. It is almost to the point of making car travel more economical and potentially take less time as well. It is a shame that the better environmental option is such a big cost as it doesn’t help in trying to move people into using better forms of transport.
I am involved in a green networking event on Wednesday and am chairing a round table discussion on low carbon transport which should be rather interesting (as long as I do some good preparation for it)! I have set the following topics for discussion – hopefully there might be some interesting points that I can share on here afterwards.
Emerging Trends in Transport Usage
Transport is a significant, and growing, contributor to Greenhouse Gas emissions in the United Kingdom and elsewhere. Economic conditions combined with environmental/ sustainability issues and government policy have created a situation where the way in which people use transport will need to shift.
• What are the existing barriers to this occurring and how can they be addressed?
• What easy wins exist within the transport sector?
• Have issues such as the use of bio-fuels and carbon offsetting negatively impacted on sustainability goals? Are there any other potential areas for similar concern?
Present corporate accounting standards for transport related emissions do not necessarily reflect actual emissions (particularly in terms of Scope 3 emissions). Is this a fair criticism?
• What should and shouldn’t be reported?
• How granular should reporting be – vehicle emissions, embodied energy etc?
And finally, EYP is gearing up for our next event which will be on the Queen Mary, which is moored alongside at Victoria Embankment which should be lots of fun. If any of you are in London, please feel free to come along (although you should register first)! We have just got on Twitter (and so have I actually), so we are experiencing the twitter phenomenon.