Chevy Buying Carbon Credits from US Colleges; New Formula Helps Fund Campus Energy-Efficient Projects

Chevrolet is investing in clean energy efficiency initiatives of US colleges and universities through its voluntary carbon-reduction initiative.  The funding opportunity is open to all US universities and colleges; a campus determines whether its performance in reducing carbon emissions will qualify based on new methodologies that Chevrolet developed through the Verified Carbon Standard.

There are two avenues through which campuses can determine their eligibility to receive project funding:

• Individual LEED Certified Buildings
• Campus-Wide Performance

For the last two years, Chevrolet has been the largest US corporate buyer of voluntary carbon credits by volume, according to the nonprofit Forest Trends Ecosystem Marketplace.  The brand has supported many projects, from helping a landfill heat a hospital with methane gas to helping truckers avoid idling their engines at rest stops.  The initiative is part of the brand’s voluntary goal set in 2010 to prevent up to 8 million metric tons of carbon emissions from entering the earth’s atmosphere.

Chevy Buying Carbon Credits from US Colleges; New Formula Helps Fund Campus Energy-Efficient Projects