Recently, Jiaxing City has made new progress in building a green transportation system. The "Jiaxing Carbon Inclusive Emission Reduction Project Methodology for Hydrogen Fuel Cell Bus Operation (JXPHER-03-006-V01)" (hereinafter referred to as the "Methodology"), organized by relevant departments [1] and jointly participated by multiple units such as Lingniu Hydrogen Energy, has been officially released and implemented. This standard focuses on the application of hydrogen fuel cell buses in practical transportation scenarios, providing an operational accounting framework for scientifically quantifying the carbon reduction contribution of hydrogen energy transportation, and is an important exploration of refined regional transportation carbon management.

Scientific Quantification: Establishing New Standards For Emission Reduction Assessment
This Methodology constructs a systematic greenhouse gas accounting system for the emission reduction scenario of hydrogen fuel cell buses replacing traditional fuel buses. By rigorously setting project boundaries, operating scenarios, monitoring standards, and data quality control, a verifiable emission reduction calculation model has been established to solve the technical difficulties of accurate emission reduction accounting in the field of hydrogen energy transportation, providing technical basis for subsequent project development and market transactions.

Mechanism Innovation: Connecting Environment and Economic Benefits
The implementation of this standard provides a clear path for converting the real carbon dioxide emissions reduction generated by the operation of hydrogen powered buses into carbon inclusive credits. Verified emission reductions can enter the Jiaxing Carbon Inclusive Trading System, realizing the transformation of environmental benefits into economic value, thereby enhancing market participation and promoting sustainable development of green transportation.

Breaking Through The Bottleneck Of Promotion: Strengthening Additional Support
The methodology systematically analyzed the practical constraints faced by the promotion of hydrogen powered buses, including high hydrogen production and storage costs, insufficient hydrogen refueling infrastructure, and the lack of comprehensive cost advantages for vehicles. The carbon inclusive mechanism provides economic incentives for market entities to overcome promotion barriers by quantifying emission reduction benefits compensation, ensuring that emission reduction behaviors actually occur and environmental benefits are effectively achieved.

Diversified Value: Unleashing the Dividend of Green Development
The large-scale application of hydrogen powered buses will create triple benefits:

Environmental benefits: significantly reducing greenhouse gas and pollutant emissions, improving regional air quality
Industrial benefits: Promote the coordinated development of hydrogen production, storage and transportation, hydrogen refueling station construction, and hydrogen energy equipment industry chain
Social benefits: providing cleaner travel services for the public and optimizing the quality of urban transportation

Lingniu Hydrogen Energy: Participating in Standard Construction through Practice
As a participating unit, Lingniu Hydrogen Energy combines its technological accumulation in the field of hydrogen energy transportation to provide practical support for the scientific and operational standards. The company continues to participate in the construction of industry standards, including the group standard preparation of the "Green Methanol Evaluation Method" by the Shanghai Environmental Protection Exchange and the joint preparation of the "Methodology for Carbon Emission Reduction Projects of Hydrogen Fuel Cell Trucks" by Jiaxing City.
In terms of technological innovation, Lingniu Hydrogen Energy has developed a hydrogen intelligent data and carbon asset management platform that integrates application scenario requirements and product characteristics, covering core functions such as accounting boundary setting, emission factor management, and data collection and analysis, providing a systematic solution for carbon management throughout the lifecycle of hydrogen logistics vehicles.
The implementation of this methodology marks a substantial breakthrough in Jiaxing's construction of a transportation carbon reduction management system. Lingniu Hydrogen Energy has demonstrated a practical path of promoting sustainable development in the industry through technological innovation by participating in standard setting and providing digital tools, providing reference experience for regional exploration of green transportation development.

Notes:
[1] Jiaxing Ecological Environment Bureau Port Branch, Jiaxing Market Supervision and Administration Bureau Port Branch, Jiaxing Natural Resources and Planning Bureau Port Branch, Zhejiang Hydrogen Energy Industry Development Co., Ltd., Jiaxing Lingang Technology Innovation Management Co., Ltd., Zhejiang Aerospace Hengjia Data Technology Co., Ltd., Jiaxing City Mayor's Triangle Hydrogen Safety Research Center, Zhejiang Lingniu Hydrogen Energy Technology Co., Ltd., Jiaxing High Quality Development Planning Research Co., Ltd., and Jiujun Green Building (Jiaxing) Technology Co., Ltd. jointly participated in the development of this methodology.