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Honda Aims for 30% CO2 Cut; EV Maker Think Files for Bankruptcy

Honda has announced a target to reduce CO2 emissions from its products by 30 percent by the end of 2020, compared to 2000 levels.

The car maker announced the goal as part of its Environmental Annual Report 2011. It said that in addition to reducing CO2 emissions during production and in its supply chain, it will strengthen efforts to realize CO2 emissions reductions throughout all corporate activities. The company said it will also seek to advance energy management technologies.

In 2006, Honda set a goal to reduce global CO2 emissions from use of its motorcycles, automobiles and power products by ten percent by the end of 2010 compared to year 2000 levels. In 2010, the goal was attained by all products, the company says.

Environmental Leader will review the Honda report in greater detail soon.

In related news, Norwegian electric car maker Think (product pictured) has filed for bankruptcy, Green Tech Media reports. Battery maker Ener1, which had invested in Think, said the car company was liquidating because it did not have enough capital to continue operations. Ener1 will take a $35.4 million hit on its investment.

A Department of Energy report, cited in a recent issue of EL Insights, had predicted that Think would be supplying 20,000 vehicles a year in the U.S. by 2015.

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