in News Departments > FYI
print the content item

Allstate Insurance Co. has launched a new eco-friendly insurance option, Allstate Green, which helps offset auto emissions by funding reforestation and clean energy projects in the U.S. The company has also announced a plan to significantly advance its environmental leadership.

The test program offers both financial and environmental benefits and is available in Colorado and Ohio. An element of Allstate Green includes a $30-donation to CarbonFund.org, a nonprofit organization dedicated to promoting reforestation and renewable wind energy programs in the U.S. This donation will help offset a typical vehicle's emissions for one year, at no cost to customers.

Allstate will immediately begin to offset annual energy usage of its corporate headquarters and business miles traveled by employee-owned and company vehicles through contributions to reforestation and wind energy projects.

The company also plans to commit at least $200 million in environmentally beneficial investments over the next three years. For example, Allstate recently helped launch a solar power project located at the Nellis Air Force Base in Nevada, part of an existing strategy that has included investments in wind, hydro and geothermal energy projects.


Trachte Inc._id1770
Latest Top Stories

Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.


Cape Wind Obtains DOE Loan Guarantee To Support Offshore Wind Project Construction

The proposed 468 MW offshore wind farm located off the coast of Nantucket Sound received a key assist that should help in financing the U.S.’ first utility-scale wind farm.

Renewable NRG_id1934