Chevrolet Clean Energy Initiative to Fund Home Energy-Efficiency Upgrades as First Project

January 27, 2011

Proposals being accepted to avoid 8M metric tons of carbon dioxide emissions DETROIT, Jan. 26, 2011 /PRNewswire/ -- A Maine housing weatherization program will receive funding for energy-efficiency upgrades, the first investment from a $40 million multi-year commitment by Chevrolet to prevent 8 million metric tons of carbon dioxide from entering the air. Chevrolet has signed a letter of intent to partner with Maine State Housing Authority to support a program that will weatherize 5,500 low-income homes to help address the changing climate through community-focused energy projects. Over the term of the partnership, MaineHousing and Chevy will help increase energy efficiency through a verifiable carbon reduction program. Chevy is soliciting investment proposals nationwide through its independent third-party investor, Bonneville Environmental Foundation. Through MaineHousing's Weatherization Program, energy professionals will improve home insulation by blowing recycled-content insulation into walls and ceilings, replacing loose attic hatches with tight-fitting ones, sealing chimneys, insulating exposed foundation, and tuning heating systems for efficiency. The initiative will help reduce home energy use, improve air quality and cut residents' heating and cooling bills. An anticipated 40,000 tons of carbon dioxide will be avoided as a result.

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