A scarcity of CNG fueling stations limits broader use of CNG-powered vehicles. Waste Management collaborated with PetroCard to develop the first CNG fueling station in Louisville. The new Clean N' Green Fuel facility, funded by Waste Management and PetroCard, makes CNG available to commercial fleets—transit agencies, school districts, taxis, cities and municipalities — as well as private individuals with CNG-equipped vehicles.
The self-service station will be open 24/7 and accept major credit cards as well as Clean N' Green and other fleet cards such as Wright Express, Voyager and Fuelman.
The Louisville fueling station and local CNG vehicles are one element in Waste Management's broader sustainability efforts in Louisville and elsewhere around North America. In 2007, the company set a goal of reducing fleet emissions by 15 percent and increasing fuel efficiency by 15 percent by 2020.
"Waste Management already operates nearly 1,700 CNG vehicles, the largest fleet of CNG recycling and waste collection trucks in North America," said Wells. "Each additional Class 8 diesel truck we replace with natural gas reduces diesel use by an average of 8,000 gallons per year and cuts annual greenhouse gas emissions by an average of 22 metric tons."In 2012, natural gas vehicles will represent 80 percent of Waste Management's annual new truck purchases and continue for the next five years. The company also has 31 fueling stations in North America and will have nearly 50 in operation by the end of this year. ABOUT WASTE MANAGEMENTWith nearly 200 employees serving greater Louisville, Kentucky, Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is also one of the largest residential recycler and a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company's customers include residential, commercial, industrial, and municipal customers throughout North America.To learn more, visit www.wm.com. This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. In many cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms and other comparable terminology. These statements are only predictions. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements. SOURCE Waste Management
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