Dow plan targets energy costs, greenhouse gases

03 May 2006 19:22  [Source: ICIS news]

WASHINGTON (ICIS news)--Dow Chemical on Wednesday pledged to reduce energy use by a further 25% by 2015 and to reduce its emission of greenhouse gases by at least 2.5% annually over the next 10 years.

Dow chairman and president Andrew Liveris said his company would achieve those greenhouse gas emission reductions by greater energy efficiency and use of alternative fuels that are low in greenhouse gases.

He said the company also would take advantage of greenhouse gas offsets available under the joint implementation and clean development mechanism of the 1999 Kyoto Protocol.

He said that in Dow’s first 10-year sustainable program (1996-2005) the company reduced consumption of fossil fuels per pound of products by 20%.

He also committed Dow to a broader global sustainability program. He said that commitment would bring Dow scientific expertise to bear on worldwide needs for clean water, decent housing, adequate food supplies, and improved health.

“These are goals that speak to our skills,” Liveris said. “By embracing these challenges we can make a difference. If we do not lead in these areas, we will become vulnerable.”

By: Joe Kamalick
+1 713 525 2653

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