The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Waste Management Opens Public-Access CNG Fueling Station, Expands Natural Gas-Powered Fleet

Friday, August 03, 2012

Waste Management Opens Public-Access CNG Fueling Station, Expands Natural Gas-Powered Fleet12:30 EDT Friday, August 03, 2012Louisville's first public-access compressed natural gas fueling station debutsLOUISVILLE, Ky., Aug. 3, 2012 /PRNewswire/ -- Waste Management has launched a new local fleet of 25 clean-burning CNG trucks and unveiled Louisville's first public-access, 24-hour compressed natural gas (CNG) fueling station. (Logo: http://photos.prnewswire.com/prnh/20090219/WMLOGO)The fleet is the first of its kind in Kentucky, replacing heavy-duty collection trucks with new state-of-the-art vehicles that run on CNG, a cleaner-burning alternative to conventional gasoline or diesel fuel. The new fueling station provides first-of-its-kind infrastructure in Louisville to serve commercial fleet managers and private individuals a ready supply of CNG fuel.Mayor Greg Fischer, along with other civic, community and sustainability leaders, attended a ribbon-cutting ceremony and demonstration of the new facility Wednesday at Waste Management's 7501 Grade Lane location.Waste Management is adding up to 25 CNG-powered collection vehicles in Louisville and will roll out additional CNG-powered collection vehicles in the area in the future. The public fueling station will refuel Waste Management's local fleet as well as sell CNG to commercial fleets and retail consumers with CNG-equipped vehicles."Since natural gas-powered collection trucks run cleaner and quieter, we've made the commitment to use more in our local operations and support sustainability in this community by opening a public CNG station," said Tim Wells, area vice president for Waste Management in Kentucky as well as Alabama, Arkansas and Tennessee. "We are dedicated to providing our greater Louisville area customers with outstanding service while doing business here in the most sustainable manner possible."CNG is one of the cleanest fuels currently available for use in heavy-duty trucks. Its use reduces particulate matter emissions to up to 86 percent, carbon monoxide emissions by 80 percent, nitrogen oxide emissions by up to 32 percent, and carbon dioxide emissions by 25 percent. As an additional benefit, CNG offers cost savings compared to traditional fuels and runs quieter than diesel trucks.A scarcity of CNG fueling stations limits broader use of CNG-powered vehicles. Waste Management collaborated with PetroCard to develop the first CNG fueling station in Louisville. The new Clean N' Green Fuel facility, funded by Waste Management and PetroCard, makes CNG available to commercial fleets?transit agencies, school districts, taxis, cities and municipalities ? as well as private individuals with CNG-equipped vehicles.The self-service station will be open 24/7 and accept major credit cards as well as Clean N' Green and other fleet cards such as Wright Express, Voyager and Fuelman. The Louisville fueling station and local CNG vehicles are one element in Waste Management's broader sustainability efforts in Louisville and elsewhere around North America. In 2007, the company set a goal of reducing fleet emissions by 15 percent and increasing fuel efficiency by 15 percent by 2020."Waste Management already operates nearly 1,700 CNG vehicles, the largest fleet of CNG recycling and waste collection trucks in North America," said Wells. "Each additional Class 8 diesel truck we replace with natural gas reduces diesel use by an average of 8,000 gallons per year and cuts annual greenhouse gas emissions by an average of 22 metric tons."In 2012, natural gas vehicles will represent 80 percent of Waste Management's annual new truck purchases and continue for the next five years. The company also has 31 fueling stations in North America and will have nearly 50 in operation by the end of this year.ABOUT WASTE MANAGEMENTWith nearly 200 employees serving greater Louisville, Kentucky, Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is also one of the largest residential recycler and a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company's customers include residential, commercial, industrial, and municipal customers throughout North America.To learn more, visit www.wm.com.This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. In many cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms and other comparable terminology. These statements are only predictions. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.SOURCE Waste ManagementFor further information: Media, Ken Haldin, +1-770-542-9376, khaldin@wm.com; or George Parker, +1-502-299-0950, george@parkerlanellc.com