Breaking News Bar
updated: 5/16/2014 5:53 PM

U of I to sell carbon credits to Chevrolet

Success - Article sent! close
Associated Press

CHAMPAIGN, Ill. -- The University of Illinois has reached a deal to sell carbon credits to Chevrolet.

The school said Friday that it would sell the automaker about 150,000 metric tons of carbon credits. The sale, including campus matching funds, would net the Urbana-Champaign campus more than $1 million.

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The credits come after the university reduced its carbon dioxide emissions over the past few years. The credits are a financial way to measure the carbon dioxide removed from the air. Companies, governments and others can buy the credits to offset their own carbon emissions. But The News-Gazette reported that Chevrolet is expected to retire the Illinois credits on behalf of the environment.

An independent agency still must measure the university's carbon credits, and the Verified Carbon Standard must certify the total.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.