US companies take the initiative to low-carbon economy and don’t wait for public policies, BRC

Corporate renewable energy procurement has set a new single-year record for new capacity of announced wind and solar deals in 2018, reported the Business Renewables Center (BRC), a membership program at Rocky Mountain Institute at Bolder, Colorado. »The record number of companies successfully pursuing renewable energy sends a clear signal that environmental sustainability is a serious priority for business leaders across the economy,« said Jules Kortenhorst, CEO of Rocky Mountain Institute. »These companies aren’t going to wait for public policy on climate issues to catch up - they are taking the initiative to accelerate toward a prosperous, low-carbon economy.«
As of December 14, 2018, publicly announced contracted capacity from corporate power purchase agreements (PPAs), green power purchases, green tariffs, and outright project ownership in the United States cumulatively reached an annual high of 6.43 GW. According to the figures, Facebook, AT&T, Walmart, Exxon Mobil and Microsoft lead the clean energy acceleration with the top five highest volume in deals. Facebook leads the year in highest capacity with its several deals totaling 1,849.5 MW. AT&T completed deals totaling 820 MW in 2018, its first year of market participation.

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