GTLA is committed to protection of the environment and to the occupational health and safety of our employees and contract workers. We embrace the ethical balance of finding profitable solutions for people and our planet through sustainable business practices.
GTLA is the clear choice NOW to support the energy transition to net-zero carbon emission fuels important to America’s sustainability in the future.
Carbon Reduction Commitment Statement
GTLA plans to achieve operational carbon neutrality (net zero Scope 1 and Scope 2 GHG emissions) for its development, commissioning and operations by 2030. Our goal is to achieve full life-cycle carbon neutrality (by also offsetting Scope 3 GHG emissions) by 2035, with an aspirational target of doing so by 2030. (*)
GTLA is an EPA-registered provider of diesel fuel made from natural gas. When our flagship project in Arkansas comes online, our fuel products will be inherently cleaner than those refined from crude oil. GTLA diesel will have virtually zero sulfur and aromatics, with a significantly higher cetane rating (70-75) than refined petroleum diesel (40-45), resulting in substantially reduced emissions and improved engine efficiency. GTLA’s Arkansas Project will produce a cleaner transition fuel, offering a lower carbon footprint for the diesel market sector, in addition to the benefit of lower emissions of criteria pollutants. To meet GTLA’s net-zero carbon emissions goal, we expect to implement one or more of the following: Development of carbon capture and sequestration project(s), Development of REDD+ forest project(s)*, Development of solar power project(s), Acquisition and retirement of market-based offsets from verified carbon emission reduction projects worldwide. GTLA’s strategy provides a stair-stepped approach from design, construction, commissioning, and operations to attain carbon neutrality aligned with operational growth at its Arkansas facility.
Important Notice (*) This Carbon Reduction Commitment Statement (“Commitment Statement”) represents the views of the management of GTLA with respect to the development and operation of its major GTL project (the “Project”) and contains only an abbreviated summary of certain carbon emission risk mitigants that GTLA is planning or considering to implement as part of an overall risk mitigation strategy for the Project. This Commitment Statement is not intended to be, and prospective investors in GTLA should not rely on it as, a complete assessment or description of the risks associated with the development of the Project or with an investment in any securities of GTLA or of potential mitigants to such risks. Each prospective investor has an obligation to conduct its own evaluation of the risks and merits of a potential investment in GTLA. This evaluation should include (i) a careful review of an Offering & Risk Assessment Memorandum (the “Memorandum”) that contains a more detailed discussion of the material risks (of which management is aware) associated with the Project and an investment in GTLA, (ii) an independent due diligence investigation of such risks and merits, and (iii) presentation to GTLA’s management of such questions as the prospective investor deems pertinent. Any investment decision to purchase or subscribe for any securities of GTLA must be based solely on the potential investors’ own evaluation of such risks and merits and not on the views and information contained in this Commitment Statement or the GTLA website in which the Commitment Statement is presented for public viewing. This Commitment Statement and website in which it is published contains “forward looking statements” – that is, statements and information related to future, not past, performance and events involving GTLA. Forward looking statements often contain such words as “intends,” “plans,” “expects,” “believes,” “estimates,” “anticipates,” “views,” “will,” “might,” “would,” “could,” “should,” “likely” or other words of similar meaning and the negatives thereof. Such forward-looking statements reflect management’s current views and expectations with respect to future events that, while considered reasonable by management, are subject to significant risks, uncertainties and assumptions that ultimately may not prove to be accurate. GTLA cannot guarantee future results, performance or achievements, and actual events or results may vary materially (either negatively or positively) from those described herein. GTLA does not assume responsibility for the accuracy or completeness of any of such forward looking statements. You are cautioned not to place undue reliance on these forward looking statements, which are qualified in their entirety by this cautionary statement.
“REDD+” stands for Reducing Emissions from Deforestation and forest Degradation, plus the sustainable management of forests, and the conservation and enhancement of forest carbon stocks. See https://www.fao.org/redd/en/
