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Transport committee Wonderful. Thank you....
March 8th, 2012Committee meeting
David Dennis
Transport committee First I should frame it up. We're a fact-based organization dealing with fleets all over the world. We actually have a pretty great view into the operational performance of a variety of vehicles—makes, models, geography, utility, you name it. Our principle is always to approach every scenario with a fact-based conversation.
March 8th, 2012Committee meeting
David Dennis
Transport committee We talked about there being an absence of regulatory support for standards. I'll give you some low-hanging fruit. If you look at a blender pump for an ethanol blend, there are no standards. Other than E85, there are no standards for other blends that exist in other countries and that are successful.
March 8th, 2012Committee meeting
David Dennis
Transport committee We created the video accounting because we could barely believe the conversations we were having, to be honest.
March 8th, 2012Committee meeting
David Dennis
Transport committee We felt as though we had to document it as evidence to support the notion that there is a void here, and a huge appetite to participate.
March 8th, 2012Committee meeting
David Dennis
Transport committee It does. As I identified before, this is not our core business, and we've been navigating this with our own funds from a benevolent perspective. Part of our social commitment in terms of sustainability is realizing that this conversation hasn't happened to a meaningful extent. We know that's true because the senior leaders—captains of industry and influencers in this area—are telling us it's not happening.
March 8th, 2012Committee meeting
David Dennis
Transport committee It's roughly 10%.
March 8th, 2012Committee meeting
David Dennis
Transport committee That's fair to say.
March 8th, 2012Committee meeting
David Dennis
Transport committee Thank you for the question. I don't think we're waiting for anything. What we've discovered is an appetite to proactively participate in a solution and get involved. One of the things we've shared in terms of some of the stakeholders at the table today, and many others, is that I don't think we can come with our hands out.
March 8th, 2012Committee meeting
David Dennis
Transport committee Yes.
March 8th, 2012Committee meeting
David Dennis
Transport committee That's another excellent question.
March 8th, 2012Committee meeting
David Dennis
Transport committee Go ahead, Larry, by all means. I didn't get a hug, though. Thank you.
March 8th, 2012Committee meeting
David Dennis
Transport committee I appreciate the question. Understand, we have come here with two different perspectives that actually are aligned. We fell into a conversation quite by accident to enable the fleet leaders we work with to find other ways to reduce their harmful emissions. That conversation really talked about the need for private industry to take control of a collaborative strategy to properly advise....
March 8th, 2012Committee meeting
David Dennis
Transport committee I completely concur.
March 8th, 2012Committee meeting
David Dennis
Transport committee Thanks to our present CEO, we've spent several hundred thousand dollars of our own money. There's no financial return or reward for this, just so you know. We've continued to do this because we felt that it needed to happen and in our humble opinion it was a travesty that these stakeholders weren't getting together.
March 8th, 2012Committee meeting
David Dennis