Hewlett-Packard (HPQ) this morning pledged to double its purchase of renewable energy to 25 million kilowatt-hours over the next year as part of the U.S. Environmental Protection Agency’s "Fortune 500 Green Power Challenge." The goal: Get Corporate America to buy 5 billion kilowatt hours of renewable energy to jump-start demand for solar, wind and other green power and reduce greenhouse gas emissions that cause global warming. HP’s move is the equivalent of taking 3,100 carbon-dioxide emitting cars off the road or eliminating electricity use from 1,800 households a year, according to the EPA. Cisco (CSCO), Starbucks (SBUX), Wells Fargo (WFC) and other companies made make similar pledges at a press conference in San Francisco later this morning.
HP, Other Fortune 500 Companies to Increase Use of Renewable Energy
December 4, 2006 by Todd Woody
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