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Wells Fargo Makes Largest Corporate Renewable Energy Purchase in US
October 4, 2006
Wells Fargo & Company became the largest corporate buyer of renewable energy in the US with the announcement yesterday that they will buy renewable energy certificates to support generating 550 million kilowatt-hours of clean, renewable wind energy a year for three years.
The purchase will offset 40 percent of Wells Fargo’s electricity consumption with 100 percent Green-e® certified wind energy. It will help develop renewable energy and prevent the emission of 380,000 tons of carbon dioxide each year, the equivalent of reducing the CO2 emissions of 75,000 cars annually or by reducing the equivalent CO2 emissions associated with 40,000,000 gallons of gasoline each year.
forbes.com via gristmill.grist.org