General Motors Betting On Renewable Energy
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General Motors is working with 12 other companies, as well as the World Wildlife Fund and World Resources Institute, to collaborate on capturing renewable energy. GM’s director of sustainability David Tulauskas wrote a piece in The Guardian on Tuesday to explain why his company and others are banking renewable energy.
As Tulauskas explains, the group of companies involved in this project have already managed to make strides toward their goal, developing the “Corporate Renewable Energy Buyers’ Principles, a clear set of guidelines to help utilities, utility commissions and renewable energy providers understand how they can help make investments easier for companies and meet rising demand.”
On top of this, the dozen companies involved plan to acquire 8.4 million megawatt-hours of renewable energy each year, or as Tulauskas puts it, “[the] equivalent to avoiding the greenhouse gas emissions of more than [1.2 million] passenger vehicles.” Rather than working on a project basis, a system that Tulauskas said caused GM and others to have to “[reinvent] the wheel every time we [tried] to buy more renewable energy,” the 12 companies are working on a long-term, systematic approach “to make renewable energy projects more widely available.”
There are a number of reasons why incorporating renewable energy into into business plans benefits GM, other corporations, and the world. Read Tulauskas’ full piece on The Guardian and let us know what you think in the comments section.
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