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General Motors invests in green solutions – Click above to watch video after the jump

General Motors is planning to invest $40 million in a host of clean energy efforts in an attempt to offset around 8 million metric tons of carbon dioxide. The company says the investments will come over the next three to five years and will involve everything from solar panels for schools to encouraging wind farms and forestry projects all over the country. GM is hoping that these efforts will offset the amount of carbon dioxide put out by the 1.9 million vehicles that the manufacturer is expected to sell in 2011

GM says that it has reduced its manufacturing emissions by 60 percent since 1990, and that a separate effort has seen water use during production drop by 35 percent between 2005 and 2009 worldwide. Additionally, The General operates 75 landfill-free facilities worldwide with a total of 90 percent of the company's waste being recycled.

These eco investments will be made via third-party organizations that include the Bonneville Environmental Foundation. Hit the jump for a video and the full press release.

[Source: GM]

Show full PR text
Chevrolet Invests in Clean Energy Projects Across America

Goal to reduce 8M metric tons of carbon over next few years through energy efficiency and renewable energy projects

$40 million commitment builds on efforts to reduce environmental impact

DETROIT – Chevrolet announced today that it will invest $40 million in various clean energy projects throughout America with a goal to reduce 8 million metric tons of carbon dioxide emissions. The initiative is based on projects that promote energy savings, renewable energy, responsible use of natural resources and conservation in communities across the United States.

According to the U.S. Environmental Protection Agency, 8 million metric tons equals the CO2 emissions of one year of electricity use in 970,874 homes or the annual carbon reduction from 1.7 million acres of pine forest.

Chevrolet's clean energy investments to be implemented in the next three to five years may include projects such as:

Providing energy efficient technology such as smart energy sensors and solar panels to schools and other community-based facilities in need of upgrades to decrease carbon dioxide emissions and reduce heating bills.

Supporting wind farms and solar projects that deliver renewable energy to the grid and also help family farms increase their revenues per acre.

Capturing flammable methane from community landfills that delivers clean energy to the grid and improves local air quality and safety.

Contributing to forestry projects throughout America.

"GM has made great progress in reducing our environmental impact, but we know we can do more," said General Motors CEO Dan Akerson. "Chevrolet's investment is an extension of the environmental initiatives we've been undertaking for years because the solution to global environmental challenges goes beyond just vehicles.

"This is an opportunity to connect with Chevy customers through clean energy projects that directly impact them," Akerson said.

GM estimates its new carbon-reduction goal equates to the emissions in 2011 from driving the 1.9 million vehicles Chevrolet is expected to sell in the United States over the next year.

"Chevy is an iconic emblem of America and it is a big deal that it is stepping forward to address one of our greatest challenges – moving us toward a low-carbon future," said Eileen Claussen, president of the Pew Center on Global Climate Change. "Chevy is clearly demonstrating that companies can act now and help propel clean energy solutions."

Since 1990, GM has decreased its manufacturing emissions by 60 percent. GM also has invested hundreds of millions of dollars to build fuel-efficient vehicles like the Chevrolet Cruze Eco, which gets an EPA-estimated 42 mpg on the highway, and the Chevy Volt electric car with extended-range capability. The Volt allows 25-50 miles of pure electric driving on a single charge after which a small gasoline engine/generator creates electricity for an additional 300 miles.

"Chevy's Volt and its clean energy investment both exemplify the bold leadership businesses can take today to address our changing climate," Claussen said." Its commitment to community-focused clean energy and energy efficiency investments will drive change and increase awareness across the country."
Other GM initiatives include reducing water use by nearly 35 percent between 2005 and 2009 at manufacturing facilities worldwide; decreasing fossil fuel at GM plants by using landfill gas, hydro and solar power; recycling 90 percent of the waste the company generates; and operating 75 landfill-free facilities, more than half of its manufacturing plants globally.

Chevy will be making investments through third-party organizations such as Bonneville Environmental Foundation, a nonprofit organization based in Portland, Ore. To define project criteria and the program's investment portfolio, GM has engaged environmental experts, non-government organizations and academics through the Climate Neutral Business Network. Advisors include:

Bob Sheppard, vice president of corporate programs at Clean Air-Cool Planet

Derik Broekhoff, vice president of policy at Climate Action Reserve

Mark Kenber, deputy CEO at The Climate Group

Snehall Desai, Sustainability Marketer

Janet Peace, vice president at the Pew Center on Global Climate Change

Eban Goodstein, director of the Center for Environmental Policy, Bard College

"Chevy understands that to lead in the environmental arena it needs to collaborate with experts from outside its industry," said Goodstein. "Their engagement of NGOs and academia in development of the scope and strategy of this initiative shows their commitment to projects that will make the most impact across America's communities."

For more information about Chevrolet's clean energy investment initiatives, visitwww.chevycarbonreduction.com. Also, for ongoing updates go to the ChevyCarbon Twitter handle, Facebook tab Cleaner Energy or GM's BeyondNow blog.

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    • 1 Second Ago
      • 4 Years Ago
      I'm proud of them.. for real... i like this

      I thought it was funny when the assumed we would assume it was a Japanese brand.
        • 4 Years Ago
        well thank you, oh guru of green, sent from the heavens in a Prius, to save the world from people like me. :)
      • 4 Years Ago

      I think all manufacturers should be REQUIRED to do something similar. Gone are the days where you could do anything you wanted and dump waste into nearby streams.
      • 4 Years Ago
      As long as they have govt. officials on their side this is a good thing. the loss from doing this will probably be a nice tax write-off.

      Otherwise, it's money flushed down the drain that could have been better spent developing good cars.
      • 4 Years Ago
      Goverment Motors, making sure that Al gore, Obama, GE, and all the ECO-Capitalist get richer. Global Warming IS A MYTH.
      • 4 Years Ago
      It's the future you neanderthals, wake up. Any time a huge corporation can still produce good and innovative product and reduce the amount of pollution it puts out while maintaining a high level of productivity and in GM's case, a much more quality product compared to what it was putting out a decade or 15 years ago, it's a GOOD THING.

      And for those of you still calling this company Government Motors, keep it up because it wont be for too much longer. That and there's also a decent shot of us all getting our money back. Sorry to burst your fear bubbles.
        • 4 Years Ago

        Do I think I'll be receiving a check in the mail from the govt. thanks to a net gain if it happens? Not necessarily.

        Do I think (and expect) the govt. to take that money and either:

        1) put it towards the deficit, thus creating the scenario that govt. got it right and is now doing something to help with what americans claim is the countrys #1 problem today?

        2) put it towards investment in green tech and argue that it will help us reach energy independence much faster?

        3) Infrastructure spending towards charger stations across the country thus encouraging a faster move towards ev's?

        Yeah, those are all winners in my book.
      • 4 Years Ago
      Call me callous, but I could not care less about the "green" movement (especially CO2 reduction).

      GM, why not invest $40M in a new midsize sedan to replace the "also-ran" Malibu, or maybe even invest $40M to bring a RWD Holden to the states.

      Bob Browsky
      • 4 Years Ago
      GM products, from all divisions, will no longer be on my shopping list. Thanks for the memories, and I'm sorry that you had to sell your soul to the devil, our government. Best of luck.
      • 4 Years Ago
      Anybody know if those going to be Chinese solar panels and Chinese wind turbines?
      • 4 Years Ago
      What boloney. GM tries to present this “green” image. Last week one of their lobbyists basically told EPA and the Administration that GM strongly disagrees with proposed MPG standards (ones with a letter grade) and will fight that proposal any way it can.

      This is the same company that took so much money from the taxpayers just so a few months later they can spit back at us by refusing to build cars that produce less pollution.

      Way to go GM.
      • 4 Years Ago
      it's a shame that green energy investment business isn't for the common people, thanks to cronie capitalism from the left and still insist on calling it capitalism.
        • 4 Years Ago
        Goes both ways, forcing ethanol on people is not capitalist either.
      • 4 Years Ago
      Carbon offsets are a great racket. Pay me and pollute as much as you like. You can even get greeny (fomerly brownie) points from the self professed "enlightened folks".
        • 4 Years Ago
        I think I read this somewhere before.
      • 4 Years Ago
      Call me callous, but I could not care less about the "green" movement (especially CO2 reduction).

      GM, why not invest $40M in a new midsize sedan to replace the "also-ran" Malibu, or maybe even invest $40M to bring a RWD Holden to the states.

        • 4 Years Ago
        you seriously think they haven't already? You do realize that new cars have a 4 year development period, minor model replaces have a 2 year.... What do you think is going to happen in say 2012... 4 magical years after the "also ran" malibu was introduced... hmmm...

        I love people on here that just think big companies like ford and GM are stagnant, that honestly think with 40k - 300k people working for them there's no one trying to make a difference. Get off your soap boxes and go change the world instead of playing keyboard tough guy.

        How the heck is it that you read an article, or don't in most cases, about a windmill farm and end up calling out the mid of it's life cycle malibu anyway?
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