Volvo has announced that it will stop buying nuclear power [View All]

http://www.thelocal.se/8770/

Volvo in nuclear energy retreat

Published: 12th October 2007 14:15 CET

Truck maker Volvo has announced that it will cease buying Swedish nuclear power at the end of this year. Volvo has signed a deal with Vattenfall ensuring that it does not receive energy from nuclear power sources, which it said did not sit well with the company's environmental goals.

"We place nuclear energy far down the scale. It's not sustainable from a number of aspects," Volvo's environmental chief Inge Horkeby told Dagens Nyheter.

"The raw materials used to produce nuclear energy are a finite resource and the waste management problem has not been solved," she added.

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Volvo has the stated aim of fuelling all its plants worldwide using renewable energy sources. The company has already built three farms at its Belgian plant in Gent, with a further wind farm in the pipeline for the Tuve plant outside Gothenburg.