GE Says Fleet Services Program Reducing Costs, Emissions

June 12, 2008

Email this story Print this post Add your comments

Some businesses are reducing average fuel costs by 15 percent, with savings up to $15,000 per vehicle, through a new program called Environmental Performance from GE Capital Solutions Fleet Services.

GE adds that it expects Environmental Performance to save customers more than $145 million in fuel costs, avoid 270,00 metric tons of CO2 emissions by 2011.

Fleet Services aims to deploy 40,000 units this year, which the company says will produce $26 million in fuel cost savings (based on $4 per gallon), 48,000 metric tons of CO2 reduction for customers, or 270,000 metric tons of CO2 emissions by 2011.In other GE news, GE Energy announced that it has increased its equity share in PrimeStar Solar, a solar thin-film technology and manufacturing company. In addition to a renewable energy portfolio that includes biomass, GE says it has an installed fleet of more than 8,500 1.5-megawatt wind turbines.

Everyone seems to be revamping their fleets with energy savings in mind, from rental car companies to railroads to delivery companies.

Email this story Print this post Add your comments

Advertisers

Stay competitive through sustainability.

Find out how at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Survey Results: Product Environmental Compliance Best Practices

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/20/2009
11/19/2009
11/18/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Trade Association on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Seriously… that..."

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."

Environmental Leader