When our Hang Up on Fossil Fuels campaign began in 2017, a small fraction of Verizon's massive network was powered by clean energy. But since then, there's been major progress thanks to the thousands of people across the US who have signed our petitions, contacted Verizon directly on social media or by phone, and pressured the telecom giant to rapidly switch to renewables.
Verizon has issued its second $1 billion green bond, to use in part to acquire new contracts for clean energy. At the end of 2020, Verizon reported entering into several new power purchase agreements totaling nearly 1.7 gigawatts of renewable energy capacity. The company reports that this will reduce the carbon emissions equivalent of removing more than 630,000 passenger vehicles from the road a year. Green America will continue tracking actual progress as these new projects come on-line and we'll keep pressuring Verizon to build on this and reach 100% clean energy by 2025.