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Chevrolet purchasing and retiring up to $5M in carbon credits to help 11 colleges pay for efficiency projects

Green Car Congress

Chevrolet is purchasing carbon credits worth up to $5 million to help 11 colleges in the US pay for energy efficiency-based carbon reductions. The GM brand will retire the carbon credits to benefit the climate instead of using them to offset the emissions of Chevrolet vehicles or operations. Of the nearly 8.2

Chevrolet 218
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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.

Purchase 299
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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle. What we really wanted to do is see how households are making decisions when they purchase and own more than one vehicle.

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Audi of America launches Internal Carbon Price program to support goal of lowering CO2 footprint 30% by 2025

Green Car Congress

Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions. Purchased goods and services. Employee commuting. Fuel consumed by Audi of America fleet vehicles. Building heat & energy. Waste generation.

Audi 170
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Does planting trees generate sufficient carbon credits?

Innovation News Network

A new method developed by the University of Copenhagen and NASA accurately determines how effective planting trees is for offsetting carbon emissions. In order to somewhat counteract the CO2 emissions they produce, various major corporations globally purchase what are known as carbon credits.

Carbon 52
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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

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Chevy buying carbon credits from US colleges; new formula helps fund campus energy-efficient projects

Green Car Congress

Chevrolet is investing in clean energy efficiency initiatives of US colleges and universities through its voluntary carbon-reduction initiative. This marks the first time college campuses can use carbon performance methodologies to make money via greenhouse gas reductions that result from energy efficiency.

Carbon 246