Fortune 500 Green Power Challenge

Earlier this month, the U.S. Environmental Protection Agency launched its Fortune 500 Green Power Challenge, "a 13-month campaign that will focus on the collective green power purchases of eligible Fortune 500 companies." The basis of the challenge is for these Fortune 500 companies to double their current purchase level of green power, such as wind, solar, geothermal, biomass and biogas. Reaching the EPA's goal of exceeding 5 billion killowatt hours (kWh) by the end of 2007 is equivalent to enough green power to power 400,000 'typical' homes in the U.S. and avoiding approximately 680,000 cars each year.

Considering that currently only slightly more than 8% of the Fortune 500 companies buy any amount of green power, this seems to be a very modest goal that simply needs a few more of these companies to step up.

More about the Fortune 500 Green Power Challenge can be seen here.