Spectaire Announces New Demand by Canadian Trucking Fleets for Deployment of AireCore Technology in Response to Escalating Carbon Taxes
Spectaire Holdings, Inc. (SPEC)
Company Research
Source: GlobeNewswire
WATERTOWN, Mass., Feb. 22, 2024 (GLOBE NEWSWIRE) -- In a significant move to address the financial and environmental challenges posed by rising carbon taxes, Spectaire Holdings Inc. (NASDAQ: SPEC), a global leader in the field of air quality monitoring and emissions reduction technologies, has proudly announced the successful installation of its revolutionary AireCore technology within several leading Canadian trucking fleets. This initiative is poised to provide a sustainable solution that aligns with the national agenda for reduced carbon emissions, while also developing a path to mitigating the economic impact of tax legislation on the trucking industry. In April of this year, Canadian truckers saw a significant increase in carbon pricing – a 30% increase to $65 a tonne – translating to an increase of about 17 cents of carbon tax payment per litre of diesel fuel. Susan Ewart, executive director of the Saskatchewan Trucking Association, said a driver operating a truck with a 300
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