Leveraging Incentives To Lower Emissions

Ahead of speaking at ILTA 2024, Haley Armstrong and Ethan Spira from AJW, Inc. explore how terminal operators can adapt as the energy transition unfolds   [caption id="attachment_41041" align="alignleft" width="300"] Haley Armstrong, partner at AJW Inc[/caption] Terminals play an integral role in connecting companies’ supply chains. Operators must understand their customers’ emissions reduction goals to ensure the terminal is meeting the customer’s needs. While motivations to reduce emissions may vary from company to company – like customer preference, investor pressure, corporate missions, or regulatory requirements – developing emissions reduction strategies within your company and across your supply chains is increasingly becoming an expected business practice. [caption id="attachment_41042" align="alignright" width="300"] Ethan Spira, associate at AJW Inc[/caption] Importantly, most terminals do not operate in a purely domestic market, as global customers own or purchase the liquid commodities that are stored or passed through the facilities. This global context means that terminals must provide services that meet the needs of today while planning and...