When President Mark D. Gearan signed The American College and University Presidents Climate Commitment this fall, he was taking another step toward affirming the commitment of Hobart and William Smith Colleges to protecting our environment by neutralizing greenhouse gas emissions. His signature pledged HWS as a charter member of an effort to reduce emissions of gases responsible for global warming.
This week, the national commitment received a boost when former President Bill Clinton announced that his foundation will address global warming through building retrofits. The William J. Clinton Foundation will connect colleges with companies that are offering to help them fund and complete building retrofits intended to decrease energy consumption and reduce greenhouse gas emissions. Estimates show that existing buildings are responsible for roughly half of all greenhouse gas emissions.
As part of the partnership, five of the world’s largest banks — ABN AMRO, Citi, Deutsche Bank, JPMorgan Chase, and UBS — are each offering $1 billion in financing for energy efficiency retrofits so that colleges can avoid capital spending or increases in monthly operating expenses.
Inside Higher Ed had a story on the former president’s actions in its Thursday, Nov. 8 edition; read Tweet