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Renewable Energy Saves Fortune 100 Companies $1.1B Annually

Lucas123 writes: A new report authored by several environmental groups say data shows more than half of Fortune 100 companies collectively saved more than $1.1B annually by reducing carbon emissions and rolling out renewable energy projects. According to the report, 43% of Fortune 500 companies, or 215 in all, have also set targets in one of three categories: greenhouse gas reduction, energy efficiency and renewable energy. When narrowed to just the Fortune 100, 60% of the companies have set the same clean energy goals. Some of the companies leading the industry in annual clean energy savings include UPS ($200M), Cisco ($151M), PepsiCo ($121M) and United Continental ($104M).

2 of 116 comments (clear)

  1. Saved? by Anonymous Coward · · Score: 5, Insightful

    How much of that "savings" is tax breaks/subsidies?

  2. drops in the bucket by Anonymous Coward · · Score: 5, Insightful

    wtf is wrong with you people?

    its turns out that making modest cuts in energy consumption isn't that painful, saves some money,
    and may have longer term benefits

    maybe I can understand the 'saving the purple spotted toad is costing jobs damn liberals' attitude, but
    you guys have to piss on this? turning off the lights at night?

    god fucking forbid we didn't waste as much energy as possible. imagonna leave my truck running all night
    just to show i'm a true patriot

    assholes