UPS' Renewable Gas Buy Shows Environmental Commitment -- ESG Insight
23 Mai 2019 - 6:06PM
Dow Jones News
UPS's decision to buy 170 million gallon equivalents of
renewable natural gas by 2026 has a clear positive environmental
impact. Biogas is a zero-emission fuel produced from bio sources at
wastewater treatment facilities, landfills and dairy farms, which
helps them with waste management. Not only will this contribute to
UPS' goal to reduce greenhouse gas emissions of its ground fleet,
set at 12% by 2025, but it will also reduce methane emissions from
buried waste, 25 times more polluting than carbon dioxide. Biogas,
however, has a higher production cost than regular gas. To
counterbalance the price, the government provides incentives for
companies to buy renewable fuels. (stela.zarija@dowjones.com)
(END) Dow Jones Newswires
May 23, 2019 11:51 ET (15:51 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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