October 15, 2009

Wells Fargo Targets 20% U.S. Emissions Cut

Banking giant Wells Fargo & Co. plans to reduce its U.S. greenhouse gas emissions 20 percent by 2018, compared to a 2008 baseline.

The company, which last year joined the EPA Climate Leaders program, also plans to install solar systems on 10 of its retail banking locations in Denver, according to a press release. The solar photovoltaic systems are estimated to generate a combined 300,000 kilowatt hours annually.

Instead of retaining the energy, the company will sell the electricity generated as renewable energy credits, said Stephanie Rico, a spokeswoman….

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