FedEx (NYSE: FDX), PepsiCo (NYSE: PEP), UPS (NYSE: UPS), AT&T (NYSE: T), and Verizon (NYSE: VZ) are the charter members of the US National Clean Fleet Partnership, announced last week by Obama. The US National Clean Fleet Partnership (CFP) is a public-private partnership between the US Government and several of the nation’s largest fleets.
The primary goal of the Clean Fleet Partnership is to assist large companies in reducing their diesel and gasoline use by utilizing electric vehicles, alternative fuels, and fuel-saving measures into their daily operations. President Obama said the Clean Fleet Partnership includes a number of measures to help the US shift to a clean energy economy, reducing our dependence on oil, protecting our planet, and spurring economic growth through cleaner and more efficient, cars, and trucks.
As members of the CFP, AT&T, FedEx, PepsiCo, UPS and Verizon, their fleet management all have agreed to replace their gasoline and diesel powered vehicles with advanced technology vehicles or ones that use electricity, natural gas, biodiesel, ethanol, hydrogen, or propane. These company fleets represent 5 of the 10 largest fleets in the US. Together these companies own and operate more than 275,000 fleet vehicles.
Obama is also creating a green fleet for all government vehicles. Since taking office, he has doubled the number of hybrids in the government’s fleet of 600,000 vehicles. Obama also announced that by 2015, all new vehicles purchased for federal agencies will be electric, gas-electric hybrid, or alternatively fueled. He said, “One of the best ways to reduce our dependence on oil is by making our cars and trucks more energy efficient, because transportation accounts for more than 70 percent of America’s oil consumption.”
If you own or operate a fleet of vehicles and would like to learn more about how you can reduce your fleet fuel consumption and fleet emissions, please click here.