Chevrolet to invest $40 million in clean energy projects

General Motors’ Chevrolet brand announced today that it will invest $40 million in many clean energy projects throughout America with a goal to cut 8 million metric tons of carbon dioxide emissions.The projects that Chevrolet will invest in promote energy savings, renewable energy, responsible use of natural resources and conservation in communities across the United States.

How much is exactly 8 million tons of CO2? According to the Environmental Protection Agency (EPA), 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.

– By: Omar Rana