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HSBC Bank USA Makes Landmark Earth Day Commitment: 30% of Bank's Energy Supplied by Wind Power

HSBC Bank USA, N.A. is walking the Earth Day talk this year. The bank has taken a lead by making one of the largest ever commitments to renewable energy in North America. The bank will meet 30% of its needs for electricity through wind power. Recognizing the importance of climate change, last December HSBC became the world’s first major bank to commit to carbon neutrality and today its US banking unit announced it has offset a substantial quantity of its carbon emissions by purchasing 45,454 MWh of clean, wind energy certificates. This purchase is one of the largest retail renewable energy purchases ever made in North America. Electricity production is the leading cause of greenhouse gas emissions that contribute to global climate change. The bank is making strides towards working against climate change with this 45,454 MWh annual commitment which will offset 30% of its emissions and will prevent the release of over 36,000,000 pounds of carbon dioxide (CO2), a leading global warming gas. This has the environmental impact of planting over 4,500 acres of forest (7.1 square miles) or removing nearly 3,500 average passenger vehicles from U.S. roadways each year. HSBC purchased Green-e certified tradable renewable energy certificates (RECs), […]

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Durst Organization Buildings Go 'Green' for Earth Day

In what is considered to be one of the largest “single destination” uses of renewable energy in New York City, The Durst Organization, one of New York City’s most prominent real estate developers and owners, is fully powering its eight commercial properties with wind energy on April 21 and 22, to coincide with Earth Day. The power is supplied by ConEdison Solutions, an energy services company that annually provides The Durst Organization with approximately 8.9 million kilowatt-hours of clean energy for its 8.5-million-square-foot portfolio of high-rise office buildings in Manhattan. This amount represents ten percent of the total energy consumed in the company’s New York office portfolio. “Green Power” is clean, renewable energy generated in New York State that is now available to all residential, commercial, industrial and government energy users in New York from ConEdison Solutions. “Green Power” used by commercial users consists entirely of NewWind Energy(R), a product of Community Energy, Inc. NewWind Energy(R) is supplied from the 30-megawatt Fenner Wind Power Project, located east of Syracuse in Madison County. The Durst Organization, founded in 1915, is widely recognized as a world leader in the development of technologically advanced and environmentally responsible commercial and residential real estate. The […]

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Unhappy Earth Day

URL: http://www.boston.com/news/globe/editorial_opinion/editorials/articles/2005/04/22/unhappy_earth_day/ Website: http://www.boston.com/news/globe/editorial_opinion/editorials/articles/2005/04/22/unhappy_earth_day/     

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