BY THE NUMBERSBy the Numbers, the VW windfall looks something like this: 2.9: Billions of dollars represented by the VW settlement fund.10: Number of years that operators have to apply for the VW money. Don’t delay!13: Dollars in public health bene? ts represented by just one dollar spent on diesel engine cleanup.23: Years that an upgrade alone can add to the life of a workboat and its engine.28: Number of marine workboats in NY Harbor (out of 47) powered by pre-emission standard engines.40: Percent of cost that can be obtained from the fund by replacing a pre-Tier 3 diesel engine.50: Percent of a repower paid for by the Diesel Emissions Reduction Act (DERA) option. Combine your discounts!55: Percent of its $110.7 million share that PA is reserving for rail and tug engine replacement projects. 75: Percent of an ‘all-electric’ solution paid for by the fund (plus monies for charging stations).80: Percent of NOx cut by installing an EPA Tier 4 engine.91: Percent of particulate matter (PM) cut by installing an EPA Tier 4 Engine.85: PCT of marine market said to be owned by engine makers Cummins & Global Marine Caterpillar.100: Percent of projects funded if assets are publically owned. Municipal ferries take note!132: Equivalent number of cars represented by just a single electric ferry replacement job.620: Metric tons per year of CO2 that Washington State is hoping to cut through just one all-electric ferry.1,000: Number of 3500 series engines sold by CAT from 1993 to 2004, which might qualify for VW trust monies. 74,000: Number of cars represented by swapping out an uncontrolled engine for a Tier 4 engine in one tugboat.96,000: LB of NOx cut by swapping out an older uncontrolled engine for a Tier 4 engine in just one tugboat.500,000: Estimated minimum cost in US dollars for a single diesel engine upgrade.project? Vessel owners can avail themselves of a variety of The Top 10 Recipients of VW Mitigation Trust Fundstools designed to calculate the likely emissions savings, $423 Million – California$103.9 Million – Washingtoncost and competitiveness, of their engine updates. Many $191.9 Million – Texas$97.7 Million – Illinoisrely on information from the same databases. Here are a few options:$152.3 Million – Florida $87.6 Million – VirginiaThe Global Marine division of Cummins has devel-$117.4 Million – New York$87.2 Million – North Carolinaoped an emissions estimator that it says can help cal-culate the emissions produced by previous Cummins $110.7 Million – Pennsylvania$71.4 Million – Ohioproducts and emissions produced by EPA Tier 3 Cum-The VW settlement represents an unparalleled op- mins products. portunity to upgrade or replace engines at a signi? cant Separately, Gladstein, Neandross & Associates (GNA), cost reduction versus no regulatory incentive to do so. consultants specializing in low-emission and alternative In its absence, by 2020, the EPA has estimated that only fuel projects, has a free VW Funding Project Competi-three percent of tugboats, and ? ve percent of ferries, will tiveness Calculator. Fleet owners can input their ? eet size, be running on Tier 4 available engines. The hope is that current fuel, and planned fuel to receive a recommen-trust fund will motivate vessel owners to more quickly dation on possible funding eligibility which helps com-lower the industry’s emissions output. panies track, evaluate, and apply for funding programs throughout the U.S. and Canada. Access it by clicking: F C C H E NO R https://www.gladstein.org/volkswagen-settlement-REE ALCULATORS AN ELP STIMATE X EDUCTIONSNeed a little help ? guring out the eligibility of your funding-project-competitiveness-calculator/June 201812 MNMN June18 Layout 1-17.indd 12 MN June18 Layout 1-17.indd 12 5/24/2018 11:47:39 AM5/24/2018 11:47:39 AM