Focus Stocks
AT&T Marches Toward 15,000 Cleaner-Fuel Fleet Vehicles
Published on Friday, 24 February 2012 10:37 Written by TradersHuddle Staff
AT&T's Connecticut Fleet Has Grown to More than 270 Cleaner-Fuel Vehicles, Including 128 in the Hartford Area
HARTFORD, Conn., Feb. 24, 2012 /PRNewswire/ -- U.S. Congressman John Larson (D-CT) today joined AT&T* Connecticut state president Rodney Smith to recognize AT&T's commitment of up to $565 million to deploy approximately 15,000 alternative fuel vehicles (AFV) nationwide over a 10 year period through 2018. This initiative features one of the largest U.S. corporate commitments to compressed natural gas (CNG) vehicles to date, and includes hybrid and electric vehicle deployments. In Connecticut, 274 AFVs have been deployed to date, including 229 CNGs, while more than 6,000 have been deployed nationwide.
"I'm encouraged to see companies like AT&T take the lead in moving towards cleaner, alternative-fuel vehicles in their fleet," stated Congressman Larson. "I hope other businesses here in Greater Hartford and throughout Connecticut will also recognize the importance of our need to reduce our dependence on foreign oil, and adopt alternative fuel vehicles for their use."
Of the 274 alternative fuel vehicles AT&T has deployed in Connecticut, more than 125 are in Greater Hartford.
"In a short period of time, we've invested in the deployment of thousands of advanced technology vehicles that promote cleaner air, use less fuel and help AT&T lower its operating costs," said Rodney Smith, state president, AT&T Connecticut. "While some may see just another car or truck on the road, we think these vehicles represent the shared values of the communities here in Connecticut and throughout the country where we live, work and play."
In 2010, AT&T and other large U.S. fleet operators joined in the Department of Energy's Clean Cities' National Clean Fleets Partnership as part of a national challenge launched by President Obama to cut America's petroleum imports by one-third by 2025. Through 2013, AT&T anticipates it will have purchased up to 8,000 CNG vehicles at an estimated cost of $350 million. Additionally, over the life of the commitment, AT&T expects to invest $215 million to replace approximately 7,100 fleet passenger cars with alternative-fuel models.
According to a 2009 Center for Automotive Research report, AT&T's planned alternative-fuel vehicle initiative would:
- Save 49 million gallons of gasoline over the 10-year deployment period
- Reduce carbon emissions by 211,000 metric tons – the greenhouse gas equivalent of removing 38,600 passenger vehicles from the road for one year
More Sustainable Service Garages
Beyond the AFV deployments, AT&T is turning to its service garages to help minimize its environmental footprint and cut operating costs within its overall fleet. These programs include:
- Redirecting an estimated 60,000 old tires annually through a new recycling program that turns old rubber into fuel and consumer products
- Recycling all primary garage products, including 180,000 pounds of oil filters; 200,000 gallons of oil; and 23,000 gallons of antifreeze annually
- Eliminating the purchase of 9,000 pounds of lead annually that were being used to balance new fleet vehicle tires at high speeds
For more information about AT&T's sustainability efforts and to view a copy of AT&T's 2010 Sustainability Report, please visit www.att.com/csr.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T |DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.
© 2012 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
SOURCE AT&T Inc.
Related Articles
- AT&T and NEC Introduce Ultra-Rugged Smartphone Designed for Hard Work, Real Life
- CeeLo Green and Goodie Mob Introduce 'Elevate Young Black Voices' Contest Winners at Finale Concert
- AT&T 4G LTE Available In Florence-Muscle Shoals
- AT&T 4G LTE Available In Tuscaloosa
- AT&T 4G LTE Expands In Logan
- AT&T 4G LTE Available In Gallup
- AT&T 4G LTE Expands In Providence, Kent Counties
- AT&T 4G LTE Expands In New Bedford Area
- AT&T 4G LTE Expands In Salinas
- AT&T 4G LTE Available In Rio Grande Valley
Related Partner Headlines
- Taxes Coming? Take a Deep Breath and Do Nothing for Now - TheStreet.com
- AT&T Offers iPad Mini - Benzinga
- AT&T Inc (T): Today's Featured Telecommunications Laggard - TheStreet.com
- AT&T Inc (T): Today's Featured Telecommunications Laggard - TheStreet.com
- Dow Today: AT&T (T) Lower - TheStreet.com
- Recap Of The Tech Sector After Hurricane Sandy (T, IEP, NFLX, GRPN, AAPL) - Investopedia
- AT&T Announces Tentative Deal with CWA for Southeast Wireline - Benzinga
- AT&T Inc (T): Today's Featured Telecommunications Winner - TheStreet.com
- AT&T Provides Update on Service Outages Due to Hurricane Sandy - Benzinga
- Dow Today: AT&T (T) Lower - TheStreet.com
TradersHuddle Search
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com -
Separating the Bargains From the Busts - TheStreet.com -
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com -
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com -
Gap Up and Sit - TheStreet.com -
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com -
Windows 8 PC Sales Disappointing: Report - TheStreet.com -
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:15,112.19 Trade time:4:52PM EDT Value change:▼206.04 (-1.35%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,628.93 Trade time:4:52PM EDT Value change:▼22.88 (-1.39%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:3,443.20 Trade time:5:15PM EDT Value change:▼38.98 (-1.12%)In The Wires
-
Hawaiian Electric seeks to speed up development of low-cost renewable energy for Oahu -
Truett-Hurst, Inc. Announces Pricing Of Initial Public Offering -
Gothic Thriller "Hemlock Grove" Back On Netflix For A Second Season -
Enerplus Announces Investor Day Webcast Details -
Morguard Sunstone Real Estate Income Fund Liquidation and Payment Schedule -
Race Across America Powered By Trane Speeds Through Indiana -
Lender Processing Services, Inc. Announces an Adjustment to the Consideration Mix in Its Acquisition by Fidelity National Financial, Inc. -
U.S. Market Cap Guidelines Updated and Several Constituent Changes Announced for the S&P SmallCap 600








