Date: January 31, 2002
Source: News Room
Waste Management Inc. (NYSE:WMI) today announced the donation of all of the 120,000 metric tons carbon dioxide (CO2) equivalent emission reduction credits needed to off-set additional CO2 emissions from the 2002 Olympic Winter Games. Waste Management's donation is part of the Olympic Cleaner and Greener Program -- an environmental program that will create the first games in Olympic history to have a net zero effect on the air quality of a host city. The program, created by the Salt Lake Organizing Committee for the 2002 Olympic Winter Games, will help mitigate the environmental impact to Salt Lake City's air quality during the games. The credits donated by Waste Management will offset the 120,000 tons of CO2 emissions that are anticipated from the games -- due to increased transportation, and electrical and generator use in Salt Lake City. The donations will be made equally from landfill sites in Illinois, Kentucky, Pennsylvania, and Montreal.
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