Now Reading
Coalition of Twelve Major US Corporations and WRI Announce Largest Corporate Green Power Purchases in US
Coalition of Twelve Major US Corporations and WRI Announce Largest Corporate Green Power Purchases in US
Published 09-19-03
Submitted by World Resources Institute
The Green Power Market Development Group (The Green Power Group) is a unique commercial and industrial partnership dedicated to building corporate markets for green power. Its members are Alcoa Inc, Cargill Dow LLC, Delphi Corporation, The Dow Chemical Company, DuPont, General Motors, IBM, Interface, Johnson & Johnson, Kinko's, Pitney Bowes, and Staples.
"The Green Power Group is beginning to make green power markets work for corporate buyers," said Charles O. Holliday, Jr., DuPont chairman and CEO. "WRI has helped us find cost effective green power and proven that the marketplace has products to meet corporate energy and environmental goals."
The 97 MW announced today, enough to power 73,000 homes, represent purchases made in the past year by 250 facilities in 22 states and the District of Columbia. This brings the total amount purchased by The Green Power Group to 112 MW since it started identifying green power options in 2001.
The purchases announced today include a wide variety of green power technologies and products to match corporate interests. From on-site solar power and landfill gas to electricity from wind farms, the projects offer the companies the best economic and environmental value. The 97 MW announced today include the following purchases:
"We joined this partnership in 2003 to help us diversify our energy purchasing," said William S. (Bill) Stavropoulos, president and chief executive officer of The Dow Chemical Company. "By working together, these twelve businesses can have a tremendous impact on supporting and developing renewable energy markets."
Green power can present an opportunity for companies to lower their exposure to fluctuating fossil fuel prices. On-site projects like fuel cells or solar power can help companies protect themselves against grid disruptions. In addition, purchasing green power reduces the carbon dioxide (CO2) emissions of business activities.
"From hydrogen fuel cells to solar panels on rooftops, new green power products are emerging for corporate markets," said Jonathan Lash, president of the World Resources Institute. "These purchases help bring down prices, reduce pollution, and build a robust market to deliver a clean energy future."
Convened by the World Resources Institute and Business for Social Responsibility in 2000, The Green Power Group's goal is to create 1,000 megawatts of new cost-competitive green power for corporate markets by 2010. For more information on each company's purchases, suppliers, and projects please visit ( www.thegreenpowergroup.org.)
The Green Power Market Development Group (www.thegreenpowergroup.org) is a project of the Sustainable Enterprise Program of the World Resources Institute. The World Resources Institute ( www.wri.org/wri ) is an environmental think tank that goes beyond research to create practical ways to protect the Earth and improve people's lives.
World Resources Institute
World Resources Institute
The World Resources Institute (WRI) is an environmental think tank that goes beyond research to find practical ways to protect the earth and improve people's lives. Our mission is to move human society to live in ways that protect Earth's environment and its capacity to provide for the needs and aspirations of current and future generations. Because people are inspired by ideas, empowered by knowledge, and moved to change by greater understanding, WRI provides—and helps other institutions provide—objective information and practical proposals for policy and institutional change that will foster environmentally sound, socially equitable development. WRI organizes its work around four key goals:
More from World Resources Institute
