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Toyota Aims to Cut Carbon Emissions 40% in N.A.
Toyota Motor Corp. hopes to lower the carbon footprint of its North America operations by 40% in three years.
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Toyota Motor Corp. hopes to lower the carbon footprint of its North America operations by 40% in three years.
Most of the improvement will come through so-called “virtual power purchase agreements.” The scheme involves buying electricity from wind and solar power companies that are fed into regional electric grids.
The arrangement will earn Toyota renewable energy credits by funding the generation of electricity from renewable sources. The company previously has pledged to slash carbon dioxide emissions from new vehicles 90% by 2050.
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