Volvo Trucks plans to revamp one of its factories into the world’s first automotive plant without emissions of carbon dioxide, the firm said on Tuesday, according to Reuters.
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Investment in wind power and biofuels will allow the plant in Tuve, in western Sweden, to use electricity and heat from sources which do not emit carbon dioxide, considered one of the main ingredients in causing global warming, the firm said.
“The Greenhouse Effect is a reality and the automotive industry has a specific responsibility for coping with emissions of carbon dioxide,” chief executive Leif Johansson said in a statement cited by the news agency. “We also expect that it will eventually be profitable on a purely commercial basis.”
Reuters noted that Volvo and local energy firm Goteborg Energi are currently building a biofuel plant and five wind-power plants, the latter estimated to increase the total amount of electricity generated by wind power in Sweden by 4%. Construction of the new power plants is expected to be concluded in 2007.
Reuters said the revamp of the Tuve factory, which currently gets part of its electricity and heat from fossil fuels, could be followed by similar measures at other Volvo plants.
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By GlobalData“Volvo’s ambition is to make more of its manufacturing plants CO2-free,” the truck maker reportedly said.
