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E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE |
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Fortune 500 companies embrace renewable energy to combat global warming |
EPA To Award Leading Corporations for Renewable Energy Purchasing |
SAN FRANCISCO, CALIFORNIA, Dec. 4 -/E-Wire/-- The battle against greenhouse gasses and global warming is finding new allies in the boardrooms of America's largest companies.
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More than 650 corporations – including Starbucks, DuPont and the US Air Force – purchase 7.2 billion kilowatt-hours of renewable energy annually, an increase of nearly 240 percent since the end of 2004, according to the U.S. Environmental Protection Agency (EPA). The growing role of corporate leaders will be highlighted at the Renewable Energy Marketing Conference in San Francisco, December 3-6, at which business executives, climate change policymakers, and renewable energy providers will explore the future of the exploding industry and the EPA will publicly recognize leading companies for their renewable energy purchases.
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According to research released by Clean Edge in March, 2006, global clean energy markets for wind and solar alone are estimated to grow to nearly $100 billion by 2015.
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"The light is going on in boardrooms across the country, and it's green," said Dan Kalafatas, vice president of San Francisco-based 3 Phases Energy Services, LLC (www.3phases.com), the nation's top renewable energy provider to Fortune 500 companies. "We have seen an increasing awareness that good corporate citizenship includes assessing, reducing and offsetting the impact of a company's energy footprint."
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A privately-held company, 3 Phases Energy grew from $5.5 million in 2004 to nearly $12 million in 2005, providing renewable energy and marketing services to 9 of the top 15 corporate purchasers, including Starbucks, Safeway, DuPont and Wells Fargo. Their customers also include regional public utilities, as well as environmental crusaders Al Gore and actress Cameron Diaz.
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Kalafatas anticipates that 3 Phases Energy sales will prevent an estimated 1 million metric tons of carbon dioxide emissions in 2006 – the equivalent of taking almost 250,000 cars off the highways.
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Overall, the U.S. generated more than 55 million MWh of renewable energy in 2005 – equal to 1.5 percent of the country's total electricity generation, according to the U.S. Energy Information Administration.
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Kalafatas noted that growth in public awareness of global warming has contributed to the expanding market for renewable energy, particularly after this year's release of Al Gore's film, An Inconvenient Truth.
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According to the 2006 American Environmental Values Survey conducted by ecoAmerica and SRI Consulting Business Intelligence, two-thirds of all Americans now believe that global warming will affect them in their lifetimes.
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/SOURCE:
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Straus Communications |
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12-04-2006 |
/CONTACT:
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Straus Communications
Nathan Beers, (415) 777-1170 x 305,
Nathan@StrausCom.com
Michael Straus, (415) 777-1170 x 302,
(415) 519-8343,
Michael@StrausCom.com |
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