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Photo: Ian Chase

Making use of new energy sources and protecting our children from global warming will require new types of partnership between the private sector, non-profit organizations, and government. Meeting the challenge of global warming also will require new innovations and creative ideas from the business sector.

In New Mexico, a variety of entrepreneurs, businesses, inventors, architects, and designers are already putting innovation to work and laying the foundation for a new energy economy.

Additionally, in the absence of significant leadership from the Federal Government, many large corporations have begun to pursue projects that are creating a new direction for energy in America:

  • Alcoa, Cargill Dow, Delphi, DuPont, General Motors, IBM, Interface, Johnson & Johnson, Kinko's and Pitney Bowes, Dow Chemical and Staples have set the goal of creating 1,000MW of new, cost-competitive green power by 2010. That's enough electricity to power 750,000 homes.
  • GE is doubling its annual spending on clean technology to $1.5 billion—developing an array of wind turbines, hybrid trains, and superefficient home appliances. GE expects a profit of $20 billion a year by 2010 from those inventions.
  • Dow Chemical and General Motors are collaborating in the world's largest hydrogen fuel-cell deal in history.
  • Johnson & Johnson is now using more than 11MW of wind and 1.5MW of solar electricity, making it the largest corporate user of solar photovoltaic panels in the US and one of the largest users of wind power
  • General Motors and Interface, the carpeting group, are now using landfill gas as an energy source at their manufacturing facilities, shifting away from their reliance on increasingly expensive natural gas.

“Rest assured, I am not tackling climate concerns because it's moral or trendy or good for P.R... The biggest driver for me is business potential: It will accelerate economic growth.”

Jeff Immelt, CEO of GE

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