Thank you, Mr. Chair.
Dr. Potter, I saw in your National Research Council report on side guards that there would be a reduction in fuel consumption of at least 5%, and that the benefit for Canada, if these aerodynamic side guards were in place for all the tractor-trailers, would mean a saving of 401 million litres. I just calculated, and for 401 million litres, that would be savings of $561 million. That's a lot of money.
Then I looked into it even more. Of course, your report also said there would be an annual reduction of 1.1 million tonnes of CO2 emissions, meaning they would not only save money but would also be good for the environment. Because they're relatively lightweight, they would reduce the 10% wind-tunnel drag.
I looked at other reports from other countries. Krone, in Germany, has aerodynamic side guards that have 7% lower fuel consumption. They did another study, a long-distance trial, that showed fuel savings of 20%, and a British design leads to an average reduction in fuel consumption of 10%, so the 5% is fairly conservative, given all the other figures from European countries as 20%, 10%, etc.
I assume the lifespan is about 20 years for these things, give or take, and that “light weight”, because they are pretty advanced, means around 220 kilograms, so I would imagine that if they saved fuel, even at 5%, the installation of these side guards would have around a two-year payback, because they're about $1,000 or so.
Am I right in all that? You had this big report. I went through it and then I looked at other European studies, and those seem to be the findings. Am I correct? I've shared that information with the trucking alliance, the trucking association. They were looking at side skirts, and they didn't realize that side guards—the closed side guards, not the rail type—would save even more money. They seem to have fuel reductions that are even higher than those for side skirts, which are 4%.
Am I correct in the reading of the NRC report?