A brokering
system and method for providing an incentive for use of more efficient internal
combustion engines and
hydrogen retrofit kits is disclosed. End users of retrofitted vehicles are provided with discounted fuel costs at authorized fueling stations. The vehicle owner's savings include: a) a reduction in fueling charges because of the vehicle's new reliance on 30% less
fossil fuel (which is displaced by
hydrogen in the engine), and b) by the purchase of
methanol which can be set at a lower cost per calorific equivalent than a
barrel of oil while also earning emission offsets to be sold for cash to the end users / creators of carbon credits. In this manner, retrofitted existing internal
combustion engines linked to a trust for trading emission offsets will create a
consumer-driven
hydrogen economy which governments as well as the automotive and
petroleum sectors will endorse.
Hydrogen, which is substituted for
fossil fuel in a retrofitted IC engine result in emission offsets (i.e., the
quantum of emissions that are no longer there) which are converted by a regulated emissions trust into cash. This income, which is deposited into the vehicle owner's
bank account via the
telephone network by using a dedicated hydrogen fueling card and master engine sensor linked to a specific vehicle provided with an engine retrofit kit and an
on board source of hydrogen gas. The
present method provides a mapping and test kit that relies on OEM engine timing and control sensors to compare engine emissions produced by
fossil fuel with emissions eliminated by substituting hydrogen. This method creates
consumer demand for cleanly produced sources of hydrogen (beginning with green
methanol) to fuel existing OEM engines, which will in turn, induce automobile manufacturers to build more efficient IC engines until, finally, they will all be fueled by 100% hydrogen.