Two thousand Texas homes are getting wired into the wind grid with a green donation from Allstate Insurance Co. The insurer will purchase 24.5 million kW from the Horse Hollow II wind farm in west Texas.
Allstate says it has made a ‘significant financial contribution’ to eco-energy organization Carbonfund.org for the purchase of renewable energy credits (RECs). These credits are being used to fund wind energy for Texans and reforestation projects in Kansas and Louisiana.
Allstate Texas Region Field Vice President Rich Crist says the company will immediately begin to offset a portion of annual energy usage at its corporate headquarters and business miles traveled in vehicles through contributions to the reforestation and wind projects.
The purchase of RECs helps offset the company's current greenhouse gas emissions, but Allstate says this is part of a growing, balanced approach to going green that includes real reductions.