Geoffrey Chatas, Executive Vice President and Chief Financial Officer
University of Michigan
University of Michigan
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In accordance with the university’s carbon neutrality goals, the university’s Logistics, Transportation and Parking (LTP) division is moving towards an all-electric bus fleet. LTP has purchased an initial set of four battery-electric buses. Supplemental funding from green bonds will assist the university with its transition to electric buses. An electric bus is estimated to contribute 74% less greenhouse gas emissions than a standard diesel-powered bus. Battery-powered electric buses also typically carry lower energy and maintenance costs over time.
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