GM to Power All U.S. Facilities with 100% Renewable Energy by 2025
Building a Decarbonized Power System by Enhancing Energy Efficiency and Securing Renewable Energy
[Asia Economy Reporter Ki-min Lee] General Motors (GM) announced on the 6th that it will supply 100% of the electricity used at its U.S. facilities from renewable energy sources by 2025.
GM's energy transition strategy is 25 years ahead of its initial target set in 2016 and 5 years earlier than previously announced. GM expects that by accelerating its renewable energy strategy, it will be able to reduce carbon emissions by 1 million metric tons (M/T) between 2025 and 2030.
Earlier, GM announced plans to achieve carbon neutrality for products launched worldwide and its global operations by 2040, in line with science-based targets. To this end, it aims to completely eliminate emissions from new lightweight vehicles by 2035. GM has invested $35 billion (approximately 41.5 trillion KRW) in electric and autonomous vehicles, with 30 electric vehicle models scheduled for release by 2025.
To fulfill its climate commitments, GM plans to build a resilient decarbonized power system based on ▲increased energy efficiency ▲securing renewable energy ▲stable and continuous power supply ▲policy efforts.
Additionally, GM will strengthen cooperation with U.S. grid operator PJM Interconnection and technology-based energy company TimberRock to track real-time carbon emissions resulting from electricity use within its facilities.
Hot Picks Today
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- While All Eyes Were on Samsung and Hynix, This Company Surged 50% to New Highs in Four Days [Weekend Money]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
Christine Jimenez, GM’s Chief Sustainability Officer, said, "GM will achieve its goal of 100% renewable energy supply in the U.S. five years ahead of schedule and lead a fully electrified, carbon-neutral future."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.