Nichola Groom

Intel Corp, the world’s largest chipmaker, said Monday it would buy more than 1.3 billion kilowatt hours a year of renewable energy certificates, making it the largest corporate purchaser of alternative energy in the United States

LOS ANGELES, US; January 30, 2008.- The certificates will subsidize the development of wind, solar, biomass and small-scale hydro-electric sources of energy, Intel said in a statement.

The US Environmental Protection Agency estimated that Intel’s purchase has the equivalent impact of taking more than 185,000 passenger cars off the road each year, the company said.

(Reuters)

 

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